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Congress·Reported·about 2 months ago

Manufacturing: Higher Loan Limits for Small U.S. Factories

Also known as: Made in America Manufacturing Finance Act of 2025

Legislative Progress

✓ Filed
Review
Senate
House
President

Key Points

  • This bill would double the amount of money small American factories can borrow through government-backed loans. For many programs, the maximum loan amount would jump from around $5 million to $10 million.
  • To qualify for these larger loans, a business must do all of its manufacturing inside the United States. This is designed to help local companies grow and keep their production facilities on American soil.
  • The goal is to help small manufacturers buy better equipment, hire more workers, and compete globally. By providing more cash, the government hopes to strengthen the country's supply chain and create more industrial jobs.
  • Government watchdogs will track these loans for five years to see how many jobs they create or save. They will also check to make sure the larger loans do not lead to more defaults or cost taxpayers extra money.

Milestones

4 milestones9 actions
Jan 14, 2026Senate

Committee on Small Business and Entrepreneurship. Hearings held.

Sep 17, 2025Senate

Committee on Small Business and Entrepreneurship. Hearings held.

Jul 29, 2025Senate

Placed on Senate Legislative Calendar under General Orders. Calendar No. 130.

Jul 29, 2025Senate

Committee on Small Business and Entrepreneurship. Reported by Senator Ernst with an amendment in the nature of a substitute. Without written report.

Jul 16, 2025Senate

Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.

Related News

6 articles
Fort Worth Business Press·3 months ago

Congressman Williams Celebrates House Passage of the Made in America Manufacturing Finance Act

Covers House passage of H.R. 3174 to raise SBA-backed 7(a) and 504 loan limits for qualifying U.S.-based small manufacturers to $10 million, with rationale focused on capital-intensive manufacturing needs.

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GlobeNewswire·3 months ago

Administrator Loeffler Applauds House Passage of “Made in America Manufacturing Finance Act”

Newswire distribution of SBA Administrator comments on House passage of H.R. 3174 doubling SBA manufacturing loan limits from $5 million to $10 million for small manufacturers.

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American Business Times·5 months ago

H.R. 3174, Made in America Manufacturing Finance Act

Summarizes budget/cost-estimate-related discussion of H.R. 3174 raising SBA 7(a) and 504 loan guarantee caps for small manufacturers to $10 million; notes expected budget impact assessed as minimal.

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Source Information

Document Type

Congressional Bill

Official Title

Made in America Manufacturing Finance Act of 2025

Bill NumberS 1555
Congress119th Congress
ChamberSenate
Latest ActionCommittee on Small Business and Entrepreneurship. Hearings held.

Sponsor

Cosponsors

(3)
D: 2R: 1

Analysis generated by AI. While we strive for accuracy, this should not be considered legal or professional advice. Always verify information with official government sources.