S 4534
Microbusiness Support Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 24, 2026, 12:48 AM
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Microbusiness Support Act, creates a new direct loan program within the Small Business Administration specifically for small businesses meeting certain criteria. It defines a ‘microbusiness’ as an independently owned business with 10 or fewer full-time employees and annual revenue of $5 million or less. The program will allow the SBA to provide loans of up to $100,000 to these microbusinesses, and will allow for fees to be charged to borrowers to cover program costs.
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