SBA Announces New “Made in America Loan Guarantee” to Restore Manufacturing Dominance

On March 31, 2026, the Small Business Administration announced that small manufacturers across the country will soon be eligible for enhanced support through the SBA’s International Trade Loan (ITL) Program. The loans, which come with a 90% federal guarantee, will help manufacturers expand facilities, hire workers, and increase production – as part of the Trump Administration’s broader effort to rebuild America’s industrial dominance and strength. In addition, the SBA recently expanded ITL eligibility to include small businesses across the food supply chain, including those in the agriculture, production, and logistics industries.

Starting May 1st, manufacturers across NAICS Sectors 31–33 will become eligible for the expanded ITL Program. Eligible businesses may use the funds to:

• Upgrade or replace equipment to improve productivity and reduce unit costs.
• Modernize facilities and production lines to meet customer and national security requirements.
• Diversify supply chains away from foreign adversaries and bring critical production back to the United States.
• Build more resilient inventory positions.
• Expand operations and capacity through strategic acquisitions.

NAICS Sectors 31–33 include:

• 313110 Fiber, Yarn, and Thread Mills
• 313210 Broadwoven Fabric Mills
• 313220 Narrow Fabric Mills and Schiffli Machine Embroidery
• 313230 Nonwoven Fabric Mills
• 313240 Knit Fabric Mills
• 313310 Textile and Fabric Finishing Mills
• 313320 Fabric Coating Mills
• 314110 Carpet and Rug Mills
• 314120 Curtain and Linen Mills
• 314910 Textile Bag and Canvas Mills
• 314994 Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills
• 314999 All Other Miscellaneous Textile Product Mills
• 315120 Apparel Knitting Mills
• 315210 Cut and Sew Apparel Contractors
• 315250 Cut and Sew Apparel Manufacturing (except Contractors)
• 315990 Apparel Accessories and Other Apparel Manufacturing
• 316110 Leather and Hide Tanning and Finishing
• 316210 Footwear Manufacturing
• 316990 Other Leather and Allied Product Manufacturing