S. 901 – LIONs Act of 2025

AI-Generated Summary

Updated November 24, 2025 at 2:07 AM UTC

The LIONs Act of 2025 updates the Small Business Act and the Small Business Investment Act to allow larger loans for small businesses and development companies. By doubling the loan caps, the bill aims to give qualifying borrowers access to more financing for growth and projects. It affects businesses that apply for SBA 7(a) loans and entities that receive development company loans under the Small Business Investment Act.

Key Provisions

Increases the maximum size of SBA 7(a) loans from $3.75 million (or $5 million if the total loan amount would exceed $5 million) to $7.5 million (or $10 million if the total would exceed $10 million).
Raises the loan limits for Small Business Investment Act development company loans, changing every $5 million and $5.5 million cap to a $10 million cap.

Legislative Activity

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3 earlier actions

SenateIntro Referral Latest Action

Referred to the Committee on Small Business and Entrepreneurship.

Small Business and Entrepreneurship Committee

July 30, 2025

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SenateIntro Referral

Introduced in Senate

March 6, 2025

SenateIntro Referral

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Banking, Housing, and Urban Affairs Committee

March 6, 2025

SenateCommittee

Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.

Banking, Housing, and Urban Affairs Committee

July 30, 2025

SenateIntro Referral

Referred to the Committee on Small Business and Entrepreneurship.

Small Business and Entrepreneurship Committee

July 30, 2025

Floor Debate

1 member

What members said about S. 901 on the floor

1 Republican

Sen. John ThuneR-SD · Jul 30, 2025

Mr. President, I ask unanimous consent that the Committee on Banking, Housing, and Urban Affairs be discharged from further consideration of S. 901, a bill to amend the Small Business Act and the…

Bill Text

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Reference Change SenateIssued July 30, 2025

II

119th CONGRESS

1st Session

S. 901

IN THE SENATE OF THE UNITED STATES

March 6, 2025

Mr. Tillis introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

July 30, 2025

Committee discharged; referred to the Committee on Small Business and Entrepreneurship

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.

1.

Short title

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

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).

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.