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<dc:title>119 HR 4153 IH: STRONG Act</dc:title>
<dc:publisher>U.S. House of Representatives</dc:publisher>
<dc:date>2025-06-26</dc:date>
<dc:format>text/xml</dc:format>
<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
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<distribution-code display="yes">I</distribution-code><congress display="yes">119th CONGRESS</congress><session display="yes">1st Session</session><legis-num display="yes">H. R. 4153</legis-num><current-chamber>IN THE HOUSE OF REPRESENTATIVES</current-chamber><action display="yes"><action-date date="20250626">June 26, 2025</action-date><action-desc><sponsor name-id="A000379">Mr. Alford</sponsor> (for himself and <cosponsor name-id="W000829">Mr. Wied</cosponsor>) introduced the following bill; which was referred to the <committee-name committee-id="HSM00">Committee on Small Business</committee-name></action-desc></action><legis-type>A BILL</legis-type><official-title display="yes">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.</official-title></form><legis-body id="H0DB31C06889F46A4A47CA41F8E3AB0D9" style="OLC"> 
<section id="H0DA4F00AC51446B2998F575E2A2DFCD5" section-type="section-one"><enum>1.</enum><header>Short title</header><text display-inline="no-display-inline">This Act may be cited as the <quote><short-title>Supporting Trade and Rebuilding Opportunity for National Growth Act</short-title></quote> or the <quote>STRONG Act</quote>. </text></section> <section id="HBAD09211B7A7435884111532D2CFD73B"><enum>2.</enum><header>Maximum loan amount for a 7<enum-in-header>(a)</enum-in-header> loan</header><text display-inline="no-display-inline">Section 7(a)(3)(A) of the Small Business Act (<external-xref legal-doc="usc" parsable-cite="usc/15/636">15 U.S.C. 636(a)(3)(A)</external-xref>) is amended by striking <quote>$3,750,000 (or if the gross loan amount would exceed $5,000,000)</quote> and inserting <quote>$7,500,000 (or if the gross loan amount would exceed $10,000,000)</quote>.</text></section> 
<section id="H56F524383B274B5DB7D13BAEEBE9905F"><enum>3.</enum><header>Maximum loan amount for a development company loan</header><text display-inline="no-display-inline">Section 502(2)(A) of the Small Business Investment Act of 1958 (<external-xref legal-doc="usc" parsable-cite="usc/15/696">15 U.S.C. 696(2)(A)</external-xref>) is amended—</text> <paragraph id="H3BBD24D6103D42D0B555EF73E9072250"><enum>(1)</enum><text>by striking <quote>$5,000,000</quote> each place it appears and inserting <quote>$10,000,000</quote>; and</text></paragraph> 
<paragraph id="H5A9C9004846945AEA9720CADF9646EE3"><enum>(2)</enum><text display-inline="yes-display-inline">by striking <quote>$5,500,000</quote> each place it appears and inserting <quote>$10,000,000</quote>.</text></paragraph></section> </legis-body></bill>

