H.R. 915

Small Business Technological Advancement Act

Sponsor: Mark Alford

3 cosponsors
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Official summary

Written by the Congressional Research Service.

Small Business Technological Act of 2025

This bill authorizes the Small Business Administration (SBA) to finance under the 7(a) loan program business software or cloud computing services that facilitate business operations, product or service delivery, payroll processing, human resources functions, sales and billing functions, or accounting or tracking of inventory. Such software or services include business tools that utilize artificial intelligence.

The 7(a) loan program is the SBA's primary business loan program that provides loan guaranties for participating lenders to provide financing to small businesses that are otherwise unable obtain reasonable credit terms.

Text of the bill

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Sec. 1. Short title Changed · Jun 24

Where this section came from

  1. Feb 4, 2025 · Introduced in House Referred to House Committee on Small Business, Feb 4, 2025
  2. Jun 24, 2026 · Engrossed in House On Motion to Suspend the Rules and Pass, as Amended — Passed, 414–4 · Roll Call 226
What changed in the text

This Act may be cited as the Small Business Technological Act Advancement of 2025 Act .

This Act may be cited as the Small Business Technological Advancement Act.