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Increased Loan Limits for Small US Manufacturers

This act raises loan limits for small manufacturing businesses in the United States, aiming to facilitate their growth and job creation. These companies will be able to access larger financial support for investments and operations, potentially leading to economic growth and employment stability in the manufacturing sector.
Key points
Increased maximum loan amounts for small manufacturers from $3.75 million to $7.5 million (or $10 million for gross loan amounts) under the SBA program.
Raised export loan limits for small manufacturers to $9 million (or $10 million gross), with up to $8 million for working capital and supplies.
Increased loan limits under the Small Business Investment Act from $5.5 million to $10 million for small manufacturers.
Requirement for the SBA Inspector General to analyze risks and default rates associated with the new, higher loan limits.
Annual reports on the impact of larger loans on job creation and retention in small manufacturing businesses.
article Official text account_balance Process page
Placed on Calendar
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_1555
Sponsor: Sen. Ernst, Joni [R-IA]
Process start date: 2025-05-01
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Made in America Manufacturing Finance Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_1555.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-05-01.

What are the main provisions?

Key points include:

  • Increased maximum loan amounts for small manufacturers from $3.75 million to $7.5 million (or $10 million for gross loan amounts) under the SBA program.
  • Raised export loan limits for small manufacturers to $9 million (or $10 million gross), with up to $8 million for working capital and supplies.
  • Increased loan limits under the Small Business Investment Act from $5.5 million to $10 million for small manufacturers.
  • Requirement for the SBA Inspector General to analyze risks and default rates associated with the new, higher loan limits.
  • Annual reports on the impact of larger loans on job creation and retention in small manufacturing businesses.
What is the specific legal status?

The current status is Placed on Calendar.

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 Sen. Ernst, Joni [R-IA].

What is the latest detailed status?

The latest detailed status is: Placed on Senate Legislative Calendar under General Orders. Calendar No. 130.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

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