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LIONs Act: Increasing Small Business Loan Limits

The Act amends the Small Business Act and the Small Business Investment Act of 1958 to increase maximum loan amounts. It raises the gross loan limit for Section 7(a) loans from $5,000,000 to $10,000,000. It also increases the maximum loan amounts for development company loans from $5,000,000 and $5,500,000 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.
Maximum loan amounts for development company loans increase from $5,000,000 and $5,500,000 to $10,000,000.
The bill is cited as the Loans In Our Neighborhoods Act of 2025.
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Status: Introduced
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Additional Information
Print number: 119_S_901
Sponsor: Sen. Tillis, Thomas [R-NC]
Process start date: 2025-03-06
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-3-pro-preview
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

LIONs Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_901.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-03-06.

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.
  • Maximum loan amounts for development company loans increase from $5,000,000 and $5,500,000 to $10,000,000.
  • The bill is cited as the Loans In Our Neighborhoods Act of 2025.
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 Sen. Tillis, Thomas [R-NC].

What is the latest detailed status?

The latest detailed status is: Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.

Is this summary verified?

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

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Finance