- Stage
- In committee
- Started in
- House
- Sponsors
- 10
- Latest action
- Mar 5, 2025
What it does
The Loans In Our Neighborhoods Act of 2025 (LIONs Act) would increase the maximum loan amounts for certain Small Business Administration (SBA) loan programs. Specifically, it would raise the cap for 7(a) loans from $3.75 million to $7.5 million (with a corresponding increase in the gross loan threshold from $5 million to $10 million) and increase development company loan limits under the Small Business Investment Act of 1958 from $5 million or $5.5 million to $10 million in both cases. These changes would affect small businesses seeking financing through these SBA programs by allowing them to access larger loan amounts.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.