H.R. 4935 · Where this bill is now
In committee
Introduced in the House, sent to the Committee on Agriculture, Aug 8, 2025
What this bill does
In plain words · AI-written from the official summaryBoosts loans for rural small business owners
This bill reauthorizes a Department of Agriculture program through 2030 that helps rural microenterprises (businesses with 10 or fewer full-time employees). The program provides loans and grants to organizations that offer small business loans, training, and technical assistance in rural areas. The bill increases the maximum loan amount that a rural business can borrow from $50,000 to $75,000.
How it affects you
Rural small business owners and sole proprietors may benefit from increased borrowing limits and potentially more support from the program. People in rural communities where these microenterprise organizations operate may see expanded access to small business lending and assistance services.
Read the official summary (Introduced in House, Aug 8, 2025)
Rural Microentrepreneur Assistance Act of 2025
This bill reauthorizes through FY2030 and revises the Rural Microentrepreneur Assistance Program (RMAP). This Department of Agriculture program provides loans and grants to eligible microenterprise development organizations to (1) capitalize revolving loan funds that provide loans to qualified rural microenterprises (i.e., sole proprietorships located in rural areas or business entities with not more than 10 full-time employees located in a rural area), and (2) provide related training and technical assistance.
The bill increases the amount a rural microenterprise may borrow to up to $75,000 (from up to $50,000).
The bill also increases the maximum allowable federal cost share to 100% (from 75%). The bill further specifies that a RMAP project loan may not be used to cover more than 50% of any demolition, construction, or related costs of real estate improvements.
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. 4935
A BILL
Rural Microentrepreneur Assistance Program Act of 2025
Sponsor: Rep. Zachary Nunn (R-IA-3) · Introduced Aug 8, 2025 · Agriculture and Food · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Aug 8, 2025: “Referred to the House Committee on Agriculture.”