H.R. 3174 · Where this bill is now
In the Senate
Passed the House Dec 1, 2025. Received Dec 2, 2025; no Senate vote yet
What this bill does
In plain words · AI-written from the official summaryIncreases loan limits for small manufacturers
Small manufacturers often need financing to grow and operate. This bill increases the maximum loan amounts that small manufacturers can borrow through two federal Small Business Administration lending programs. Under the 7(a) program, which helps with everyday operating costs and working capital, the bill roughly doubles what manufacturers can borrow. Under the 504 program, which funds major purchases like new buildings and equipment, the bill raises the limit from $5.5 million to $10 million.
How it affects you
If you own or work at a small manufacturing business, this could make it easier and cheaper to access the funding you need to expand or improve operations. Manufacturers seeking loans for large purchases like facilities or equipment would benefit from the higher borrowing limits available under this bill.
Read the official summary (Reported to House, Aug 15, 2025)
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.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 3174
AN ACT
Made in America Manufacturing Finance Act
Sponsor: Rep. Roger Williams (R-TX-25) · Introduced May 1, 2025 · Commerce · 5 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action May 13, 2026: “Committee on Small Business and Entrepreneurship. Hearings held.”