Core Insights - The U.S. House of Representatives passed a bill to double the Small Business Administration's loan limit for domestic manufacturers from $5 million to $10 million, aimed at increasing capital access for small manufacturers [8] - The legislation aligns with the SBA's Made in America Manufacturing Initiative, which seeks to enhance the nation's industrial dominance by reducing regulations and improving capital access for small manufacturers [3][5] - The bill specifically targets manufacturers with production facilities entirely located in the U.S., excluding those with any reliance on international production [4] Legislative Details - The new loan limits are part of the Made in America Manufacturing Finance Act, which is designed to help small manufacturers purchase machinery, expand factories, upgrade equipment, or scale production [8] - The SBA has also introduced an onshoring portal to connect manufacturers with domestic producers and announced the waiver of most upfront fees for manufacturers in fiscal year 2026 [5] - The effectiveness of the new loan program is uncertain, as revolving credit programs have historically faced challenges in popularity among lenders due to their inability to be sold on the secondary market [6] Eligibility Criteria - Most manufacturers with 500 employees or fewer qualify as small businesses eligible for SBA loans, with some exceptions for specific industries like semiconductor machinery and aircraft manufacturing, which can employ up to 1,500 people [7]