1932: The Great Depression Response
Introduction of the RFC by President Hoover to tackle the financial crisis
Learn
More
1942: Support During World War II
Creation of SWPC to assist small businesses and promote lending
Learn
More
1945: Post-WWII Changes
Abolition of SWPC, with its duties transferred to the RFC and the Department of Commerce.
Learn
More
1950: Korean War Impact
The founding of SDPA in response to the Korean War
Learn
More
1952: RFC's End and New Beginnings
Transfer of RFC functions to the Department of the Treasury.
Learn More
1953: Birth of the SBA
The establishment of the SBA under President Eisenhower
Learn
More
1954-1957: SBA's Formative Years
Learn
More
Early operations of the SBA, including loan programs and management training.
1958: Advancing Technology and Investment
Learn
More
Introduction of SBIC Program for technological advancement and investment.
1964: Equal Opportunity and Poverty Reduction
Learn
More
Launch of EOL Program to help businesses in poverty-stricken areas.
SBA Today and Future Outlook
Learn
More
Current and future focus of SBA on equitable, resilient, and sustainable business support.