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Increasing Small Business Loan Limits to $10 Million.

The bill amends the Small Business Act and the Small Business Investment Act of 1958. It raises the maximum loan amounts for specific programs, increasing the gross loan amount limit under Section 7(a) and the limits for development company loans to $10,000,000.
Key points
The gross loan amount limit for Section 7(a) loans increases from $5,000,000 to $10,000,000.
Loan limits for development companies (replacing amounts of $5 million and $5.5 million) increase to $10,000,000.
The legislation is cited as the STRONG Act (Supporting Trade and Rebuilding Opportunity for National Growth Act).
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_4153
Sponsor: Rep. Alford, Mark [R-MO-4]
Process start date: 2025-06-26
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Supporting Trade and Rebuilding Opportunity for National Growth Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_4153.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-06-26.

What are the main provisions?

Key points include:

  • The gross loan amount limit for Section 7(a) loans increases from $5,000,000 to $10,000,000.
  • Loan limits for development companies (replacing amounts of $5 million and $5.5 million) increase to $10,000,000.
  • The legislation is cited as the STRONG Act (Supporting Trade and Rebuilding Opportunity for National Growth Act).
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Alford, Mark [R-MO-4].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Small Business.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-31.

CATEGORIES

Economy Public Investments