Staffing cuts at the Small Business Administration (SBA) are making it harder for entrepreneurs to access assistance.
SBA's staffing level has dropped from nearly 10,000 during the pandemic to 6,000 by the end of the Biden administration, with another 2,700 cuts announced in March.
Calls to the SBA's COVID-era disaster loan program remain unanswered, and fraud investigation team has been fired due to these cuts.
SBA has tightened underwriting standards, eliminated hardship accommodations, and refocused resources on core missions amidst workforce reduction.