Made in America Manufacturing Finance Act of 2025

This bill, titled the "Made in America Manufacturing Finance Act of 2025," aims to bolster domestic manufacturing by substantially increasing the maximum loan amounts available to small manufacturers through federal programs. It specifically defines a "small manufacturer" as a small business primarily engaged in manufacturing (NAICS sectors 31, 32, or 33) with all production facilities located within the United States. This targeted approach seeks to support American-based production and job creation. The legislation amends both the Small Business Act and the Small Business Investment Act of 1958 to implement these higher limits. Under Section 7(a) of the Small Business Act, general loan limits for small manufacturers are raised from $3,750,000 to $7,500,000, with gross loan amounts potentially reaching $10,000,000. Similarly, export loan limits for these businesses are increased to $10,000,000, up from $5,000,000. Furthermore, the bill raises the loan limit under Section 502(2)(A)(iii) of the Small Business Investment Act from $5,500,000 to $10,000,000 for small manufacturers. To ensure accountability and assess impact, the bill mandates two types of reports. The SBA Inspector General must analyze the projected default rates and potential risks of these increased loan limits within two years of enactment. Additionally, the SBA Administrator is required to submit annual reports for five years, detailing the job creation and retention resulting from these larger loans to small manufacturers, providing a crucial assessment of the program's effectiveness in supporting employment.