Bill · H.R. 2831· House(119-HR-2831)

Small Business Energy Loan Enhancement Act

Age: 47 years

Colorado

Introduced: 4/10/2025
Last activity: 4/10/2025 — Referred to the House Committee on Small Business.
Sponsored by: Jason Crow
Cosponsors: - 36 - 6

Commerce

Introduced
In Committee

What this bill would do

This bill is known as the Small Business Energy Loan Enhancement Act. It was introduced in the House of Representatives on April 10, 2025. The main purpose of the bill is to amend the Small Business Investment Act of 1958. It increases the maximum loan amount for certain loans from $5,500,000 to $10,000,000. Additionally, it requires the Administrator of the Small Business Administration to submit annual reports to Congress regarding these loans. These reports must detail the industries and geographic areas receiving the loans.

Yes· 3 of 15

Does this make it easier to run a small business?+8
The legislation directly increases the maximum loan amount from $5.5 million to $10 million for certain small business loans, significantly enhancing funding access.
Would business owners be better off under this?+8
Directly benefits small business owners by doubling the maximum loan limit available for qualifying projects.
Does this make what the government does easier for the public to see?+6
Requires the SBA to submit annual reports to Congress detailing industries and geographic areas receiving the enhanced loans.