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Increased Loan Limits for Small US Manufacturers

This act raises the loan limits for small manufacturing businesses in the United States. The goal is to provide them with easier access to larger financing, potentially fostering growth, job creation, and increased domestic production. Citizens may experience positive effects through greater availability of "Made in America" products and potential employment growth in the manufacturing sector.
Key points
Maximum loan amounts for small manufacturers under the SBA program are increased from $3.75 million to $7.5 million.
Export loan limits for small manufacturers are raised to $10 million.
A small manufacturer is defined as a business with all production facilities located in the United States, primarily in the manufacturing sector.
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Status: Placed on Calendar
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Additional Information
Print number: 119_HR_3174
Sponsor: Rep. Williams, Roger [R-TX-25]
Process start date: 2025-05-01