Bill > S901

This bill aims to increase the maximum loan amounts for small businesses under two key loan programs administered by the Small Business Administration (SBA). Specifically, the bill would double the maximum loan amount for 7(a) loans from $3,750,000 to $7,500,000, with the gross loan amount threshold increasing from $5,000,000 to $10,000,000. Additionally, the bill would raise the maximum loan amount for Development Company loans from $5,000,000 to $10,000,000. These changes are designed to provide small businesses with greater access to larger loans, potentially helping them expand, invest in infrastructure, or manage growth more effectively. The bill, known as the Loans In Our Neighborhoods (LIONs) Act of 2025, represents an effort to support small businesses by increasing their borrowing capacity and providing more financial flexibility.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/901/all-info