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Bill
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Loans In Our Neighborhoods Act of 2025

S. 901 · 119th Congress · Mar 6, 2025 · Lineage

A BILL

To amend the Small Business Act and the Small Business Investment Act of 1958 to increase the maximum loan amount for certain loans, and for other purposes.

Section 1 Short title

This Act may be cited as the “Loans In Our Neighborhoods Act of 2025” or the “LIONs Act of 2025”.

Sec. 2 Maximum loan amount for a 7(a) loan

Section 7(a)(3)(A) of the Small Business Act (15 U.S.C. 636(a)(3)(A)) is amended by striking “$3,750,000 (or if the gross loan amount would exceed $5,000,000)” and inserting “$7,500,000 (or if the gross loan amount would exceed $10,000,000)”.

Sec. 3 Maximum loan amount for a development company loan

Section 502(2)(A) of the Small Business Investment Act of 1958 (15 U.S.C. 696(2)(A)) is amended—
(1)
by striking “$5,000,000” each place it appears and inserting “$10,000,000”; and
(2)
by striking “$5,500,000” each place it appears and inserting “$10,000,000”.