Bill would clarify SBA loans can cover business software and AI tools
Passed one chamberH.R. 915Latest action
Sponsor: Mark Alford · Representative · MO
AIDecoded by AI · checked against the recordRead the official text
Official title: Small Business Technological Advancement Act
119th Congress
Topics: Jobs & the economy
Introduced:
Read the official bill on Congress.govIn plain words
The plain-language version comes first. The official text is always the reference.
HR 915 would explicitly allow SBA 7(a) loans to cover business software, cloud services, and AI tools.
35-second read · 4 questions answered below
What does this do?
HR 915, the Small Business Technological Act of 2025, would clarify that SBA 7(a) loans can be used to pay for business software and technology, including cloud computing, payroll, HR, sales, billing, accounting, inventory tools, and AI-based tools. It confirms this as an approved use rather than creating a new loan program, and states loans still cannot fund research and development.
Who does it affect?
Small business owners seeking financing to modernize operations, and banks and lenders that issue SBA-backed loans.
Why does it matter?
The clarification is meant to reduce ambiguity for lenders approving loans for technology purchases, though it does not change other existing rules on what counts as working capital.
AI-drafted summary. Check it against the official text before you act on it.
Read the official bill on Congress.govMake the call
Where does it stand?
- IntroducedFeb 4, 2025
- House committee
- House vote
- SenateYou are here · Jul 13, 2026
- The president's desk
Right now: it passed the House, and the official record shows nothing new since. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Recorded votes
Roll-call votes recorded since January 3, 2025.
House · · Roll call 226
As recorded
- Question
- On Motion to and Pass, as Amended
- Result:
- Passed
- 414
- Nay
- 4
- 1
- 12
Republicans 205 yes, 4 no, 1 present, 8 not voting · Democrats 208 yes, 4 not voting · Independent 1 yes
Official recordHow members voted
The official record lists how each member voted.Official record