This Act may be cited as the Equal Shot Act of 2025.

In this Act: (1) Firearm entity The term firearm entity means an entity engaged in the design, manufacture, marketing, distribution, importation, promotion, or sale of firearms, ammunition, any component part of a firearm or ammunition, or any part, combination of parts, or components of attachments, accessories, or other instruments associated with the use of firearms (including scopes, sights, optics, stocks, grips, stabilizing braces, mounts, weapon mounted lights, multifunction aiming lights, silencers, magazines, clips, feed strips, any other ammunition feeding device, holsters, slings, secure gun storage or safety devices (as defined in section 921(a) of title 18, United States Code), firearm cleaning kits, range equipment, and other related products). (2) Firearm entity affiliate The term firearm entity affiliate means a sport shooting range, an entity providing course of instruction on the lawful use of firearms, and any other entity that is affiliated, associated, or connected with a firearm entity. (3) Firearm trade association The term firearm trade association means an organization that represents a firearm entity or firearm entity affiliate.

The Administrator of the Small Business Administration may not adopt any policy, practice, guidance, or directive that discriminates against an otherwise eligible applicant for financial assistance under the Small Business Act (15 U.S.C. 631 et seq.U.S. Code — Title 15, Section 631 and followingView official source on GovInfo) or the Small Business Investment Act of 1958 (15 U.S.C. 661 et seq.U.S. Code — Title 15, Section 661 and followingView official source on GovInfo), including an applicant for a loan or loan guarantee, solely because the applicant is a— (1) firearm entity; (2) firearm entity affiliate; or (3) firearm trade association.