The Main Street Lending Improvement Act of 2025 directs the Comptroller General of the United States to study how certain small business loans were disbursed. The study covers loans made under title V of the Small Business Investment Act of 1958, section 7(a), and section 7(m) of the Small Business Act, but excludes loans made under programs created in response to the COVID-19 pandemic. The Comptroller General must look at each covered region (each SBA region that includes any part of the Appalachian region) for each year from January 1, 2021, through December 31, 2024.
For each covered region, the study must break the region into the portion that is in the Appalachian region and the portion that is not. For each portion, the Comptroller General must calculate:
The Comptroller General must provide Congress an interim briefing no later than one year after the bill is enacted and deliver a final report no later than two years after enactment. The final report must include recommendations to increase loan accessibility, shorten the average time from application to disbursement, provide better status information to applicants (including what additional information is needed and timing estimates), and identify internal agency processes that could be changed to reduce inefficiencies.
If you are a small business owner, this bill does not change loan rules or give money directly. It requires a federal study of how loans were processed and paid out from 2021 through 2024. The study will show how long steps took, how many loans were approved or paid, and typical loan amounts in parts of each SBA region inside and outside the Appalachian region. The results might lead to future policy changes, but this bill itself only orders the study and report. The study does not cover loans made under COVID-19 response programs.
No publicly available information on the cost of conducting the study or any appropriations is included in the bill text.
No publicly available information on supporters' statements beyond the bill text. The bill requires the Comptroller General to make recommendations that aim to increase loan accessibility, reduce the time from application to disbursement, improve applicant information about application status and timing, and identify internal agency changes to reduce inefficiencies.
No publicly available information on opposition or objections in the bill text or provided metadata.