CEASE Act of 2025

Summary#

This bill amends section 23 of the Small Business Act (15 U.S.C. 650). It adds a new subsection that requires the Administrator to ensure that no more than 16 small business lending companies that are not nonprofit entities are authorized to make loans under section 7 at any time.

What it means for you#

• The bill sets a numerical cap: at most 16 non-nonprofit small business lending companies may be authorized to make loans under section 7 of the Small Business Act.
• The SBA Administrator must enforce that cap.
• If you operate a small business lending company that is not a nonprofit, this bill would limit how many similar entities can be authorized to make section 7 loans. If you seek a loan from such a company, this bill changes how many of those companies may be authorized, but does not detail loan terms or processes.

Expenses#

No publicly available information on federal costs, savings, or budgetary effects is included in the bill text.

Proponents' View#

No publicly available information on proponents' statements or official rationale is included in the bill text or metadata.

Opponents' View#

No publicly available information on opponents' statements or objections is included in the bill text or metadata.