S. 901, also known as the "Loans In Our Neighborhoods Act of 2025" or the "LIONs Act of 2025," seeks to amend the Small Business Act and the Small Business Investment Act of 1958. The bill proposes to increase the maximum loan amount for certain loans made under the 7(a) loan...
The LIONs Act of 2025 wants to let small businesses borrow more money to help them grow, but some people are worried that there aren't enough rules to make sure everything is fair and safe.
H.R. 7242 seeks to amend the Small Business Act to increase the maximum amount that can be borrowed under the 7(a) loan program. It proposes to raise this limit from $5 million to $10 million. The purpose of the bill is to provide greater financial support to small businesses...
H.R. 7242 is a plan to let small businesses borrow more money, up to $10 million instead of $5 million, which is meant to help them grow or fix problems, but people are worried it might lead to waste or not be fair to everyone.
H.R. 1804, known as the “7(a) Loan Agent Oversight Act,” proposes changes to the Small Business Act to improve transparency about agents involved in the 7(a) loan program. The bill requires the Director to submit an annual report to Congress highlighting details about the...
H.R. 1804 is a bill that asks for a yearly report to help everyone understand who is helping small businesses get loans, if there are any problems, and how much money people are paying to get these loans. This way, people can make sure everything is fair and working well.
S. 3992 is a bill that aims to stop the Administrator of the Small Business Administration (SBA) from making direct loans through the 7(a) loan program. This program is typically used to support small businesses in obtaining financing. The bill also specifies that the SBA...
The bill wants to stop a big helper, the Small Business Administration, from giving money directly to small businesses in one special way, but it will still take care of the ones they're already helping.
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