Small Business Act loan limits for small manufacturers

Section 7(a) of the Small Business Act (15 U.S.C. 636(a)) is amended— (1) in paragraph (3)— (A) in subparagraph (A)— (i) by inserting except as provided in subparagraph (B), before if the total; (ii) by striking would exceed $3,750,000 and inserting the following: would exceed— (i) $3,750,000; (iii) in clause (i), as so designated, by striking, except as provided in subparagraph (B); and inserting; or; and (iv) by adding at the end the following: (ii) in the case of a borrower that is a small manufacturer, $7,500,000 (or if the gross loan amount would exceed $10,000,000);; and (B) in subparagraph (B)— (i) by striking would exceed $4,500,000 and inserting the following: would exceed— (i) $4,500,000; (ii) in clause (i), as so designated, by striking section 7(a)(14) for export purposes; and and inserting paragraph (14) for export purposes; or; and (iii) by adding at the end the following: (ii) in the case of a borrower that is a small manufacturer, $9,000,000 (or if the gross loan amount would exceed $10,000,000), of which not more than $8,000,000 may be used for working capital, supplies, or financings under paragraph (14) for export purposes; and; and (2) in paragraph (14)(B)(i), by striking than $5,000,000. and inserting the following: than— (I) except as provided in subclause (II), $5,000,000; or (II) in the case of a loan made to a small manufacturer, $10,000,000..