To increase loan limits for loans made to small manufacturers, and for other purposes.
Sponsors
Legislative Progress
Passed HouseReceived; read twice and referred to the Committee on Finance
Passed House (inferred from eh version)
Additional sponsors: Mr. Meuser, Mr. Moran, Mr. Goldman of Texas, …
Reported with an amendment, committed to the Committee of the …
Mr. Williams of Texas introduced the following bill; which was …
Summary
What This Bill Does
The Made in America Manufacturing Finance Act increases the maximum loan amounts that small manufacturers can receive through SBA loan programs. It specifically targets manufacturers who keep all their production facilities in the United States, roughly doubling the loan limits available to them compared to other small businesses.
Who Benefits and How
Small U.S. manufacturers benefit the most, gaining access to significantly larger SBA-backed loans:
- Standard 7(a) loan limit increases from $3.75 million to $7.5 million
- Export-related loan limit increases from $4.5 million to $9 million
- International trade loans increase from $5 million to $10 million
- 504 development company loans increase from $5.5 million to $10 million
SBA-approved lenders benefit from the ability to make larger loans to creditworthy manufacturers while still receiving government guarantees.
Who Bears the Burden and How
Taxpayers bear increased exposure through larger SBA loan guarantees, meaning potential losses if manufacturers default on these larger loans.
Manufacturers with overseas production are explicitly excluded—only those with "all production facilities located in the United States" qualify for the higher limits.
Key Provisions
- Defines "small manufacturer" as a business in NAICS sectors 31-33 with all production in the U.S.
- Doubles 7(a) loan limits for qualifying manufacturers from $3.75M to $7.5M (standard) and $4.5M to $9M (with export component)
- Doubles international trade loan limits from $5M to $10M for small manufacturers
- Increases 504 loan limits from $5.5M to $10M for manufacturers
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Increases Small Business Administration (SBA) loan limits for small manufacturers with U.S.-based production facilities, roughly doubling maximum loan amounts from current limits to support domestic manufacturing growth.
Policy Domains
Legislative Strategy
"Create higher SBA loan limits specifically for domestic manufacturers to incentivize Made-in-America production and help small manufacturers access more capital for growth"
Likely Beneficiaries
- Small U.S. manufacturers with domestic production facilities
- Manufacturing sector supply chains
- SBA-approved lenders (larger loan volume)
- U.S. manufacturing workforce
Likely Burden Bearers
- SBA (increased loan guarantee exposure)
- Taxpayers (potential increased default risk on larger loans)
- Manufacturers with foreign production facilities (excluded from benefits)
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_administrator"
- → Administrator of the Small Business Administration
Key Definitions
Terms defined in this bill
A small business concern whose primary business is classified in NAICS sector 31, 32, or 33 (manufacturing) and all production facilities are located in the United States.
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology