Supporting Trade and Rebuilding Opportunity for National Growth Act
- Bill Number
- H.R. 4153
- Origin Chamber
- House
- Congress
- 119th Congress, Session 1
- Policy Area
- Commerce
- Status
- Introduced
- Latest Action
- 2025-06-26: Referred to the House Committee on Small Business.
- Last Updated
- 2026-06-24T08:07:56Z
AI-Generated Summary
Purpose This legislation aims to expand access to larger loans through Small Business Administration (SBA) programs by raising the maximum loan limits under two existing statutes, with the goal of supporting small business financing needs.
Key provisions
- Increases the maximum amount for loans under Section 7(a) of the Small Business Act.
- Raises the maximum amounts for loans under Section 502 of the Small Business Investment Act of 1958.
- Applies the new limits to both net and gross loan amounts in the affected programs.
Significant changes to existing law
- Amends the Small Business Act to change the 7(a) loan cap from $3,750,000 (or $5,000,000 gross) to $7,500,000 (or $10,000,000 gross).
- Amends the Small Business Investment Act of 1958 to replace $5,000,000 and $5,500,000 limits with a uniform $10,000,000 cap for development company loans.
- These adjustments effectively double or more than double the prior maximum loan sizes.
Potential impacts
- Government agencies: The SBA would administer larger loan guarantees, which could increase program volume and require updated oversight processes.
- Citizens and businesses: Small business owners may qualify for higher financing amounts to support expansion, equipment purchases, or other needs.
- International relations: No direct effects identified in the bill text.
Main stakeholders affected
- Small business owners seeking SBA-backed financing.
- Participating banks and lenders that issue these loans.
- The SBA and related federal program administrators.
Notable legal, constitutional, or political implications
- The bill makes straightforward adjustments to statutory dollar limits and raises no apparent constitutional concerns, as Congress holds authority over federal loan programs.
- It introduces no new regulatory structures or enforcement mechanisms.
This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.
Sponsor
Cosponsors (24)
Rep. Wied, Tony [R-WI-8], Rep. Harder, Josh [D-CA-9], Rep. Bishop, Sanford D. [D-GA-2], Rep. Meuser, Daniel [R-PA-9], Rep. Guest, Michael [R-MS-3], Rep. Pfluger, August [R-TX-11], Rep. Panetta, Jimmy [D-CA-19], Rep. Downing, Troy [R-MT-2], Rep. Jack, Brian [R-GA-3], Rep. McCormick, Richard [R-GA-7], Rep. Bynum, Janelle S. [D-OR-5], Rep. Whitesides, George [D-CA-27], Rep. Edwards, Chuck [R-NC-11], Rep. Subramanyam, Suhas [D-VA-10], Rep. Trahan, Lori [D-MA-3], Rep. McClellan, Jennifer L. [D-VA-4], Rep. Ellzey, Jake [R-TX-6], Rep. Dean, Madeleine [D-PA-4], Rep. Mackenzie, Ryan [R-PA-7], Rep. Carbajal, Salud O. [D-CA-24], Rep. Fry, Russell [R-SC-7], Rep. Bice, Stephanie I. [R-OK-5], Rep. Boyle, Brendan F. [D-PA-2], Rep. Castor, Kathy [D-FL-14]
Recent Actions
- 2025-06-26: Referred to the House Committee on Small Business.
- 2025-06-26: Introduced in House
- 2025-06-26: Introduced in House
Bill Versions
- Supporting Trade and Rebuilding Opportunity for National Growth Act — issued 2025-06-26 — PDF (2 pages)