The U.S. House has unanimously approved the Made in America Manufacturing Finance Act, which would raise the Small Business Administration’s (SBA) loan cap for manufacturers operating entirely in the United States from $5 million to $10 million.

The measure, aimed at expanding access to capital for machinery purchases, facility upgrades and production scaling, now heads to the Senate. It aligns with the SBA’s broader push to bolster domestic manufacturing through reduced fees, onshoring support and industry-specific financing programs.

Lawmakers also advanced several related small-business bills, including proposals to boost investment in manufacturing, strengthen rural support and improve SBA cybersecurity and oversight. 12/11/2025