What does Preamble of S 1555 do?

This bill is formally titled the Made in America Manufacturing Finance Act of 2025. The bill aims to increase loan limits for small manufacturers. It amends the Small Business Act to adjust loan limits under section 7(a) for small manufacturers, potentially up to $7,500,000 or $9,000,000 depending on the loan amount and purpose. The bill also modifies loan limits under the Small Business Investment Act of 1958, increasing the limit to $10,000,000.

What does SHORT TITLE. of S 1555 do?

This bill is formally titled the Made in America Manufacturing Finance Act of 2025.

What does DEFINITIONS. of S 1555 do?

This section amends the Small Business Act Adds a definition for 'small manufacturer' A small manufacturer is a small business concern with primary business in sectors 31, 32, or 33

What does SMALL BUSINESS ACT LOAN LIMITS FOR SMALL MANUFACTURERS. of S 1555 do?

This section amends Section 7(a) of the Small Business Act. It modifies loan limits for small manufacturers under paragraph (3) of Section 7(a). For small manufacturers, the loan limit is increased to $7,500,000, or $10,000,000 if the gross loan amount exceeds that figure. Subparagraph (B) of paragraph (3) also establishes a loan limit of $9,000,000 for small manufacturers, with a maximum of $8,000,000 for working capital, supplies, or export financing. Paragraph (14)(B)(i) increases the loan limit to $10,000,000 for small manufacturers.

What does SMALL BUSINESS INVESTMENT ACT OF 1958 LOAN LIMITS FOR SMALL of S 1555 do?

This section amends Section 502(2)(A)(iii) of the Small Business Investment Act. The amendment changes a loan limit from $5,500,000 to $10,000,000.

What does INSPECTOR GENERAL ANALYSIS. of S 1555 do?

This section requires the Small Business Administration's Inspector General to analyze loans made under amendments in sections 3 and 4 of this Act. The analysis must occur within two years of the Act's enactment. The Inspector General will determine the projected default rate and early default rate of these loans. The analysis will assess whether increased loan limits introduce additional risk, including potential impacts on the cost-neutral operation of SBA loan programs. The Inspector General must submit a report of the analysis to the Senate and House Committees on Small Business and Entrepreneurship.

What does JOB CREATION AND RETENTION REPORT. of S 1555 do?

This section establishes definitions for terms used within it, including 'Administrator,' 'larger loan,' and 'small manufacturer'. The Small Business Administration Administrator is required to submit annual reports to the Senate and House Small Business Committees. These reports must cover larger loans to small manufacturers, distinguishing between loans made under section 7(a) of the Small Business Act and section 502(2)(A)(iii) of the Small Business Investment Act of 1958. The reports must include a quotient calculating the total dollar amount of larger loans awarded divided by the number of jobs created or retained by small manufacturers. The reports must also analyze whether larger loans prevented job losses at small manufacturers.

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Made in America Manufacturing Finance Act of 2025 — S. 1555

Last updated: 3/11/2026 · Introduced: 5/1/2025

Author: Joni Ernst (R-IA)

TL;DR (AI)

This bill increases loan limits for small manufacturers under the Small Business Act, potentially up to $7,500,000, $9,000,000, or $10,000,000 depending on loan purpose and amount.
The bill raises the loan limit under the Small Business Investment Act of 1958 from $5,500,000 to $10,000,000.
The Small Business Administration’s Inspector General will analyze loans made under the revised limits to assess risk and default rates, and the Administrator will annually report on job creation and retention related to larger loans to small manufacturers.

119th Congressin committeeOfficial page

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Includes provisions on preamble, short title., and 5 more.

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