Search Results: keywords:"maximum loan amount"

  • H. R. 2831 — To amend the Small Business Investment Act of 1958 to increase the maximum loan amount for certain loans.
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    Status:Introduced in House
    Words:430

    H.R. 2831, also known as the “Small Business Energy Loan Enhancement Act,” aims to amend the Small Business Investment Act of 1958 by raising the maximum loan amount for specific types of loans. The bill proposes increasing the limit from $5,500,000 to $10,000,000 for certain loans which...

    Simple Explanation

    This bill wants to help small businesses by giving them bigger loans, letting them borrow up to $10 million instead of $5.5 million, so they can grow and do more things. But it's also important to watch closely to make sure everything's fair, nobody cheats, and everyone gets the help they need.

  • H. R. 1893 — To amend the Small Business Act and the Small Business Investment Act of 1958 to increase the maximum loan amount for certain loans, and for other purposes.
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    Status:Introduced in House
    Words:310

    H.R. 1893, also known as the "Loans In Our Neighborhoods Act of 2025" or the "LIONs Act of 2025," aims to amend the Small Business Act and the Small Business Investment Act of 1958. This bill proposes to increase the maximum loan amounts a small business can receive through...

    Simple Explanation

    The LIONs Act of 2025 wants to let small businesses borrow more money from the government to help them grow, by increasing the limits on two types of loans: one can be up to $7,500,000 and the other up to $10,000,000.