DemocratBill · H.R. 1893· House(119-HR-1893)

LIONs Act of 2025

Rep. Thanedar
Age: 71 years
Michigan
Introduced
3/5/2025
Last activity
3/5/2025 — Referred to the House Committee on Small Business.
Sponsored by
Shri Thanedar
Cosponsors
Democrat - 6Republican - 3
Commerce
  1. Introduced
  2. In Committee

What this bill would do

The bill, called the "Loans In Our Neighborhoods Act of 2025" or the "LIONs Act of 2025", aims to amend the Small Business Act and the Small Business Investment Act of 1958. It seeks to increase the maximum loan amounts for certain loans provided to small businesses. This includes increasing the maximum loan amount for 7(a) loans and development company loans.

Yes· 3 of 4

  • Does this make it easier to run a small business?+8

    The bill directly increases maximum loan amounts for small business 7(a) and development company loans.

  • Would business owners be better off under this?+8

    The bill directly benefits business owners by doubling the maximum loan limits available through certain federal programs.

  • Is this likely to grow the economy?+6

    Higher loan limits under the Small Business Act provide more capital to spur economic activity in local communities.

The opposite

No question was scored the opposite.