S. 901

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 SENATE OF THE UNITED STATES · March 6, 2025 · Sponsor: Mr. Tillis · Committee: Committee on Banking, Housing, and Urban Affairs

Table of contents

• S. 901
  • SEC. 1. Short title
  • SEC. 2. Maximum loan amount for a 7 loan
  • SEC. 3. Maximum loan amount for a development company loan

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.