Small Business Technological Act of 2025

SUMMARY

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.

FULL TEXT

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 915 Referred in Senate (RFS)]

<DOC> 119th CONGRESS 2d Session H. R. 915

IN THE SENATE OF THE UNITED STATES

July 13, 2026

Received; read twice and referred to the Committee on Small Business and Entrepreneurship

AN ACT

To authorize small business loans to finance access to modern business software, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Small Business Technological Advancement Act''.

SEC. 2. ADDITIONAL USES FOR SMALL BUSINESS ADMINISTRATION BUSINESS LOANS.

(a) In General.--Section 7(a) of the Small Business Act (15 U.S.C.

636(a)) is amended by adding at the end the following:

``(38) Access to modern business software.--The

Administration may provide loans under this subsection to finance, in whole or in part, business software or cloud computing services, or any such technology, that facilitates business operations, product or service delivery, the processing, payment, or tracking of payroll expenses, human resources, sales and billing functions, or accounting or tracking of supplies, inventory, records and expenses, including business tools that utilize artificial intelligence.''.

(b) Rule of Construction.--Nothing in the amendment made by subsection (a) shall be construed to--

(1) provide that loans made under section 7(a) of the Small

Business Act (15 U.S.C. 636(a)) before the date of enactment of this Act for the purposes described in paragraph (38) of such

section 7(a), as added by subsection (a), were not permissible;

(2) authorize the use of loans made under section 7(a) of the Small Business Act (15 U.S.C. 636(a)) for research and development purposes; or

(3) limit the definition of working capital under the Small

Business Act (15 U.S.C. 631 et seq.).

Passed the House of Representatives June 24, 2026.

Attest:

KEVIN F. MCCUMBER, Clerk.