The latest update from Trump's Small Business Administration presents itself as an Independence Day gift for entrepreneurs: up to $10 million in SBA financing. But small-business owners shouldn't start celebrating just yet.

Beginning July 4, 2026, qualified borrowers will be able to access up to $10 million in SBA financing by combining 7(a) and 504 loans. Borrowers can first get a 7(a) loan of up to $5 million, followed by a 504 loan of up to $5 million.

Originally published on nerdwallet.com, part of the BLOX Digital Content Exchange.

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