Small Business Technological Act of 2025

The "Small Business Technological Act of 2025" seeks to broaden the permissible uses of the Small Business Administration's (SBA) 7(a) loan program. It specifically authorizes these loans to finance the acquisition of modern business software and cloud computing services , or similar technologies. This expansion covers tools that enhance various business operations, including payroll processing, human resources management, sales and billing functions, and accounting or inventory tracking. Notably, it also includes business tools that utilize artificial intelligence . The bill clarifies that this provision does not authorize loans for research and development and does not limit the existing definition of working capital.