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119-hr-915Introduced
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Small Business Technological Act of 2025

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Summary

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The Small Business Technological Act of 2025 amends the Small Business Act to authorize the Small Business Administration to provide loans under its Section 7(a) program to help small businesses finance access to modern business software and cloud computing services. The bill explicitly permits loans for software that supports business operations, payroll processing, human resources, sales and billing, accounting, inventory management, and artificial intelligence tools. The bill clarifies that such loans were permissible before enactment and does not authorize loans for research and development.

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Bill details

Congress
119
Bill type
hr
Introduced
February 4, 2025
Sponsor
Mark AlfordRMO
Cosponsors
3
Last action
June 3, 2026— Placed on the Union Calendar, Calendar No. 591.

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