H.R. 3174

119th CONGRESS 1st Session

To increase loan limits for loans made to small manufacturers, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES · May 1, 2025 · Sponsor: Mr. Williams of Texas · Committee: Committee on Small Business

Table of contents

• H.R. 3174
  • SEC. 1. Short title
  • SEC. 2. Definitions
  • SEC. 3. Small Business Act loan limits for small manufacturers
  • SEC. 4. Small Business Investment Act of 1958 loan limits for small manufacturers

SEC. 1. Short title

• This Act may be cited as the Made in America Manufacturing Finance Act of 2025.

SEC. 2. Definitions

• Section 3 of the Small Business Act () is amended by adding at the end the following: 15 U.S.C. 632
  • (gg) Small manufacturer
    • The term small manufacturer means a small business concern—
      • the primary business of which is classified in sector 31, 32, or 33 of the North American Industrial Classification System; and
      • all of the production facilities of which are located in the United States.

SEC. 3. Small Business Act loan limits for small manufacturers

• Section 7(a) of the Small Business Act () is amended— 15 U.S.C. 636(a)
• Small Business Act loan limits for small manufacturers
  • in paragraph (3)—
    • in subparagraph (A)—
      • (i) by inserting before ;
      • (ii) by striking and inserting the following:
        • would exceed—
          • (i) $3,750,000
      • (iii) in clause (i), as so designated, by striking , except as provided in subparagraph (B);and inserting ; or; and
      • (iv) by adding at the end the following:
        • (ii) in the case of a borrower that is a small manufacturer, $7,500,000 (or if the gross loan amount would exceed $10,000,000);
    • in subparagraph (B)—
      • (i) by striking and inserting the following:
        • would exceed—
          • (i) $4,500,000
      • (ii) in clause (i), as so designated, by striking section 7(a)(14) for export purposes; andand inserting paragraph (14) for export purposes; or; and
      • (iii) by adding at the end the following:
        • (ii) in the case of a borrower that is a small manufacturer, $9,000,000 (or if the gross loan amount would exceed $10,000,000), of which not more than $8,000,000 may be used for working capital, supplies, or financings under paragraph (14) for export purposes; and
  • in paragraph (14)(B)(i), by striking and inserting the following:
    • than—
    • except as provided in subclause (II), $5,000,000; or
    • in the case of a loan made to a small manufacturer, $10,000,000.

SEC. 4. Small Business Investment Act of 1958 loan limits for small manufacturers

• Section 502(2)(A)(iii) of the Small Business Investment Act () is amended by striking $5,500,000and inserting inserting0,000,000. 15 U.S.C. 696(2)(A)(iii)