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H.R. 915119th CongressPassed one chamberLatest action Jul 13, 2026Decoded by AI · checked against the record
Official title: Small Business Technological Advancement Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. 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
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.
Small business owners seeking financing to modernize operations, and banks and lenders that issue SBA-backed loans.
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. Verify it against the official text before you act on it. Read the official bill on Congress.gov
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.