SBA demands financial records from all 8 firms by January deadline

The Small Business Administration has ordered every participant in its 8 Business Development Program — all 4,300 firms — to submit detailed financial and business documentation covering the last three fiscal years. The demand, communicated in letters issued December 5, requires firms to deliver bank statements, general ledgers, payroll registers, subcontracting agreements and employment records by January 5, 2026, or risk losing their eligibility in the 8 programme and facing furthe