Made in America Manufacturing Finance Act

This bill raises how much small U.S. manufacturers can borrow through SBA-backed loans so they can buy equipment, expand, or cover costs like supplies and payroll. It defines a “small manufacturer” as a small business whose main work is in manufacturing (NAICS sectors 31–33) and whose production facilities are all in the United States.

Key changes for small manufacturers:

• Higher SBA 7(a) limits: loan guarantees up to $7.5 million, with total loan size up to $10 million.
• Larger overall cap per borrower: up to $9 million in SBA-backed financing, with no more than $8 million of that for working capital, supplies, or export financing under paragraph (14).
• Bigger export loans: up to $10 million for export-related loans (others remain at $5 million).
• Also increases the cap for certain SBA 504/CDC manufacturing loans (the prior cap was $5.5 million).

In plain terms, this would make it easier for small, U.S.-based manufacturers to get larger, government-backed loans to grow and compete, especially for equipment purchases, working capital, and exports.