US HB1893

Increases the maximum SBA 7(a) loan amount from $3,750,000 to $7,500,000, with the gross loan cap rising from $5,000,000 to $10,000,000

Doubles the maximum loan amount for SBA 504 development company loans from $5,000,000 to $10,000,000

Raises the alternative 504 loan cap from $5,500,000 to $10,000,000

Amends both the Small Business Act and the Small Business Investment Act of 1958

Introduced March 5, 2025 by Representatives Thanedar and Alford; referred to the House Committee on Small Business