Bill

United States: Small Business Technological Advancement Act

Small Business Technological Act of 2025 This bill authorizes the Small Business Administration (SBA) to finance under the 7(a) loan program business software or cloud computing services that facilitate business operations, product or service delivery, payroll processing, human resources functions, sales and billing functions, or accounting or tracking of inventory. Such software or services include business tools that utilize artificial intelligence. The 7(a) loan program is the SBA's primary business loan program that provides loan guaranties for participating lenders to provide financing to small businesses that are otherwise unable obtain reasonable credit terms.

  • In force
  • Not yet reviewed
  • English

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Details

Identity

Title
Small Business Technological Advancement Act
Original title
Not recorded
Instrument ID
us-119-hr-915
Type
Bill
Status
In force

Jurisdiction and publisher

Jurisdiction
United States
Publisher
Not recorded
Language
English

Dates and versions

Date
February 4, 2025
Versions
  • Introduced · February 4, 2025

Source

Retrieved
August 29, 2026
License
Unknown. Follow the publisher’s terms.
Access note
Not recorded

Full text

2,074 characters

Original text, English · 2,074 characters in 1 part

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