S 305 · 119th Congress

Small Business Technological Act of 2025

This bill expands what small businesses can use Small Business Administration (SBA) loans for by adding software and technology to the list of approved uses. Right now, small businesses can borrow SBA money for things like equipment, real estate, and working capital. This bill says they can now also use these loans…

Sponsor

Young, Todd (R-Indiana)

Introduced

2025-01-29

Policy area

Commerce

Latest action

Committee on Small Business and Entrepreneurship. Hearings held.