Rural Microentrepreneur Assistance Program Act of 2025

Key Points

• This bill helps small business owners in rural areas get more financial help. It increases the maximum amount for a single micro-loan from $50,000 to $75,000 to help entrepreneurs keep up with rising costs.
• The government would be able to cover the full cost of certain projects instead of just 75 percent. However, money used for building or fixing up real estate would still be limited to half of those specific costs.
• The program would be extended for five more years, from 2026 through 2030. This gives rural entrepreneurs and the organizations that help them more certainty about future funding.
• By making these loans larger and easier to get, the bill aims to create more jobs and support local economies in small towns across the country.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.