This bill is called the Supporting Trade and Rebuilding Opportunity for National Growth Act (STRONG Act). It changes parts of the Small Business Act and the Small Business Investment Act of 1958 to raise caps on certain Small Business Administration loans. For 7(a) loans it replaces "$3,750,000 (or if the gross loan amount would exceed $5,000,000)" with "$7,500,000 (or if the gross loan amount would exceed $10,000,000)". For development company loans it replaces "$5,000,000" and "$5,500,000" with "$10,000,000" in the cited provisions. The bill was introduced on June 26, 2025, and was referred to the House Committee on Small Business. Sponsors listed in the metadata include Representative Mark Alford and others.
If you use SBA 7(a) or development company loan programs, the law would allow larger maximum loan amounts under those programs. The bill text updates only the numeric maximums; it does not include further details about eligibility or program rules.
No publicly available information about the bill's federal costs or budget effects is included in the bill text or provided metadata.
No publicly available information in the provided text or metadata describes supporters' statements or arguments about the bill beyond the list of sponsors.
No publicly available information in the provided text or metadata describes opposition statements or arguments about the bill.