Rural Microentrepreneur Assistance Act of 2025

The Rural Microentrepreneur Assistance Act of 2025 aims to strengthen and extend the Rural Microentrepreneur Assistance Program by amending the Consolidated Farm and Rural Development Act. This legislation significantly increases the maximum microloan amount available to rural microentrepreneurs from $50,000 to $75,000, providing greater financial support for small businesses. A key enhancement allows these microloans to cover up to 50 percent of demolition, construction, or related real estate improvement costs for projects, thereby expanding the permissible uses of funds. Furthermore, the bill boosts the guarantee percentage for microloans to 100 percent , offering increased security and incentive for lenders to participate. Finally, the program's authorization is extended for an additional five years, from 2026 through 2030, ensuring its continued operation and vital support for rural economic development.