H.R. 3174

Made in America Manufacturing Finance Act

Sponsor: Roger Williams

12 cosponsors
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Official summary

Written by the Congressional Research Service.

Made in America Manufacturing Finance Act

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.

Text of the bill

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Sec. 4. Small Business Investment Act of 1958 loan limits for small manufacturers Changed · Aug 15

Where this section came from

  1. May 1, 2025 · Introduced in House Referred to House Committee on Small Business, May 1
  2. Aug 15, 2025 · Reported in House Marked up by House Committee on Small Business, Jul 22 Reported by House Committee on Small Business, Aug 15 Committee members' individual votes aren't in our records.
What changed in the text

Section 502(2)(A)(iii) of the Small Business Investment Act of 1958 (15 U.S.C. 696(2)(A)(iii)) is amended by striking $5,500,000 and inserting $10,000,000.

What is a markup?

A markup is a committee meeting where members go through a bill and vote on changes before sending it to the full chamber.

Section 502(2)(A)(iii) of the Small Business Investment Act of 1958 (15 U.S.C. 696(2)(A)(iii)) is amended by striking $5,500,000 and inserting $10,000,000.