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Increases Small Business Loan Limits

Recent Bills/Increases Small Business Loan Limits

Increases Small Business Loan Limits

IntroducedN/A

In the Senate1 year ago

Intro

Senate

House

Pres

In the Senate Small Business and Entrepreneurship Committee.

Most bills stop here and never get a vote.

Commerce

More:Bills in the Senate Economy Senate Bills

Why This Matters

This bill increases the maximum amount of money small businesses can borrow through specific loan programs.

If you own a small business, you can now borrow up to $7.5 million through a 7(a) loan.

Who this affects

small business owners

What this bill changes

1This bill raises the maximum loan amount for certain small business loans.
2The new limit for a 7(a) loan increases from $3.75 million to $7.5 million.
3Development company loans will also see their maximum increase from $5 million to $10 million.

Go deeper

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Last changed 1 month ago · checked hourly

Bill Progress2 of 4

A bill has to pass the House and Senate, then go to the President.

Intro

Senate

House

Pres

IntroducedMar 6, 2025

Sponsors

See all 3 sponsors

SenateCurrent

In the Senate Small Business and Entrepreneurship Committee.

Most bills stop here and never get a vote.

House

President

The President

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4 of 4 · Became Law

Raises Debt Limits for Small Business and Personal Bankruptcy

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