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

This legislation, titled the "Made in America Manufacturing Finance Act of 2025," aims to update loan limits for small manufacturers in the United States. Here are the key components of the bill:

Definitions

The bill clarifies the definition of a "small manufacturer." According to the bill, a small manufacturer is defined as a small business that:

• Primarily operates within specific manufacturing sectors (those classified under sectors 31, 32, or 33 of the North American Industrial Classification System).
• Has all production facilities located within the United States.

Loan Limits for Small Manufacturers

The legislation proposes amendments to the existing loan limits for small manufacturers under the Small Business Act. The key changes are as follows:

• The general loan limit for small manufacturers will be increased from $3,750,000 to $7,500,000, or up to $10,000,000 under certain conditions.
• An additional provision is included to raise the loan limit specifically for export-related financing to $9,000,000, with a maximum of $8,000,000 available for working capital, supplies, or financing.

Amendments to Small Business Investment Act

The proposed bill also amends the Small Business Investment Act to adjust the loan limits for small manufacturers. The changes include:

• Increasing the loan cap for small manufacturers from $5,500,000 to $10,000,000.

Objective

The overall objective of this bill is to provide increased financial support to small manufacturers, which may assist in expanding their operations, improving competitiveness, and fostering economic growth within the manufacturing sector in the United States.

Relevant Companies

None found