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Referred to the House Committee on Small Business.
Introduced March 5, 2025 by Shri Thanedar · Last progress March 5, 2025
Raises the size limits on Small Business Administration-backed loans. It doubles the 7(a) guaranty cap from $3.75 million to $7.5 million and appears intended to raise the related gross loan cap from $5 million to $10 million, though the draft text shows a placeholder for the new gross amount.
It also increases the maximum loan amount for the 504 development company loan program. The draft section shows a placeholder for the new dollar figure, indicating the intent to raise current caps but leaving the exact number to be confirmed in finalized text.
LIONs Act of 2025