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EconomyH.R. 3174Comments

Made in America Manufacturing Finance Act

Official title: To increase loan limits for loans made to small manufacturers, and for other purposes.

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Where the Bill Stands

  1. Introduced, done
  2. Committee, done
  3. Floor Vote, done
  4. Outcome, current stage

What This Bill Does

This bill increases the maximum loan amounts available to small manufacturers under the Small Business Administration's 7(a) and 504 loan programs.

In particular, the bill generally doubles the maximum loan amount for small manufacturers under the 7(a) program and the bill increases the maximum loan amount for small manufacturers under the 504 program from $5.5 million to $10 million.

Generally, 7(a) loans provide short- and long-term working capital which can be used for expenses such as operational needs. 504 loans provide financing for major fixed assets such as new facilities.

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Related Documents

Timeline

  1. SenateCommittee on Small Business and Entrepreneurship. Hearings held.
  2. SenateSenate vitiated previous action of 12/02/2025 by Unanimous Consent.
  3. SenateReceived in the Senate and Read twice and referred to the Committee on Finance.
  4. House floor actionsMr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
  5. Passed the House
  6. House floor actionsReported (Amended) by the Committee on Small Business. H. Rept. 119-224.
  7. House committee actionsCommittee Consideration and Mark-up Session Held
  8. Library of CongressIntroduced in House
  9. House floor actionsReferred to the House Committee on Small Business.
  10. Introduced
  11. Committee

Comments

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