Main Street Lending Improvement Act of 2025

This bill directs the Government Accountability Office (led by the Comptroller General) to study how certain federal small business loans are processed and paid out. The study covers SBA 7(a), 504, and microloans from 2021 through 2024, excluding COVID-19 pandemic loan programs, in SBA regions that include part of Appalachia. For each region, it compares Appalachian and non-Appalachian areas on wait times from application to payout, loans approved and disbursed per 1,000 businesses, and loan dollar amounts. The Comptroller General must brief Congress within 1 year and submit a report with recommendations within 2 years.

Full text and official record on Congress.gov

Sponsors

• James C. Justice Republican sponsor
• 0 cosponsors