Supporting Trade and Rebuilding Opportunity for National Growth Act

This bill raises how much small businesses can borrow with SBA-backed loans. It doubles the cap for standard SBA 7(a) loans from $3.75 million to $7.5 million, and lifts the total loan size up to $10 million. It also increases the maximum size of SBA 504 “development company” loans, setting their cap at $10 million. The goal is to help small businesses get enough money to buy equipment, property, or cover other big costs as they grow.

Key points

• Who is affected: Small businesses that use SBA 7(a) or 504 loans.
• What changes: 7(a) maximum goes from $3.75M to $7.5M, with a $10M total loan limit; 504 loan maximums are raised to $10M.
• When: Would take effect after becoming law.