H.R. 3174 · Passed House · Commerce

Made in America Manufacturing Finance Act

Sponsor: Roger Williams (R-TX)

What it does

• Increases the maximum loan amounts available to small manufacturers under the SBA's 7(a) and 504 loan programs.
• Generally doubles the maximum 7(a) loan for small manufacturers.
• Raises the maximum 504 loan for small manufacturers from $5.5 million to $10 million.

Official summary

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.

Latest action

May 13, 2026: Committee on Small Business and Entrepreneurship. Hearings held.

Committee: Senate Small Business and Entrepreneurship