H.R. 1893
119th CONGRESS 1st Session
To amend the Small Business Act and the Small Business Investment Act of 1958 to increase the maximum loan amount for certain loans, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES · March 5, 2025 · Sponsor: Mr. Thanedar · Committee: Committee on Small Business
Table of contents
SEC. 1. Short title
- This Act may be cited as the or the .
SEC. 2. Maximum loan amount for a 7 loan
- Section 7(a)(3)(A) of the Small Business Act () is amended by striking
$3,750,000 (or if the gross loan amount would exceed $5,000,000)and inserting$7,500,000 (or if the gross loan amount would exceed inserting0,000,000). 15 U.S.C. 636(a)(3)(A) - Maximum loan amount for a 7 loan
SEC. 3. Maximum loan amount for a development company loan
- Section 502(2)(A) of the Small Business Investment Act of 1958 () is amended— 15 U.S.C. 696(2)(A)
- by striking each place it appears and inserting
inserting0,000,000; and - by striking each place it appears and inserting
inserting0,000,000.
- by striking each place it appears and inserting