Small Business Administration Set to Remove 628 Companies From Development Program

These companies received almost $850 million worth of 8(a) contracts between fiscal year 2021 and 2024 under the previous administration.

Administrator of the Small Business Administration Kelly Loeffler speaks during an interview with EpochTV's "American Thought Leaders" at her office in Washington on Jan. 7, 2026. Madalina Kilroy/The Epoch Times

The Small Business Administration (SBA) is removing 628 companies from its 8(a) Business Development Program after they refused to produce, for review, three years of financial documents, the agency said in a March 4 statement.

The 8(a) program seeks to help small business owners, who are considered socially and economically disadvantaged, to develop and grow operations through training, workshops, and guidance. Program participants gain access to contracting opportunities in the federal marketplace.