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HR 1893
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LIONs Act of 2025

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.

Introduced Mar 5, 2025

Latest action (Mar 5, 2025) Referred to the House Committee on Small Business.

Referred to
Small Business Committee
Policy area
Commerce

Summary

This bill amends the Small Business Act and Small Business Investment Act to increase the maximum loan amounts for SBA-backed loans. The maximum for Section 7(a) loans is increased from $3.75 million to $7.5 million, with the gross loan cap rising from $5 million to $10 million. The maximum for development company loans under the Small Business Investment Act is increased from $5 million to $10 million. These increases allow small businesses to access larger amounts of SBA-backed financing.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)
9 cosponsors

Actions (2)
  1. Mar 5, 2025 Referred to the House Committee on Small Business. · house
  2. Mar 5, 2025 Introduced in House

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

  • S 901 — LIONs Act of 2025 · Introduced Jul 30, 2025 · Cong. 119 85%
  • HR 1375 — To amend the Small Business Act with respect to the maximum additional loan amount for certain disaster loans, and for other purposes. · Introduced Feb 14, 2025 · Cong. 119 74%
  • HR 2831 — Small Business Energy Loan Enhancement Act · Introduced Apr 10, 2025 · Cong. 119 73%
  • HR 4153 — Supporting Trade and Rebuilding Opportunity for National Growth Act · Introduced Jun 26, 2025 · Cong. 119 70%
  • HR 3557 — To amend the Small Business Act to waive the accrual of interest and payments for certain disaster loans for a year, and for other purposes. · Introduced May 21, 2025 · Cong. 119 66%
  • HR 1791 — Increasing Credit Union Lending for Business Growth Act · Introduced Mar 3, 2025 · Cong. 119 65%

Text versions (1)
  • Introduced in House · Mar 5, 2025

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE HOUSE OF REPRESENTATIVES

March 5, 2025

Mr. Thanedar (for himself and Mr. Alford) introduced the following bill; which was referred to the Committee on Small Business

A BILL

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.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Loans In Our Neighborhoods Act of 2025” or the “LIONs Act of 2025”.

SEC. 2. MAXIMUM LOAN AMOUNT FOR A 7(A) LOAN.

Section 7(a)(3)(A) of the Small Business Act (15 U.S.C. 636(a)(3)(A)) is amended by striking “$3,750,000 (or if the gross loan amount would exceed $5,000,000)” and inserting “$7,500,000 (or if the gross loan amount would exceed $10,000,000)”.

SEC. 3. MAXIMUM LOAN AMOUNT FOR A DEVELOPMENT COMPANY LOAN.

Section 502(2)(A) of the Small Business Investment Act of 1958 (15 U.S.C. 696(2)(A)) is amended—

(1) by striking “$5,000,000” each place it appears and inserting “$10,000,000”; and

(2) by striking “$5,500,000” each place it appears and inserting “$10,000,000”. <all>

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