YourVoice.Now Summary
Corporate BenefitsSmall business owners could use SBA loans to pay for software — even AI tools would count.
Corporate Benefits
Section 7(a) is the SBA's main loan program for small businesses. Software and cloud subscriptions would join the list of things those loans may fund, though the agency still picks which loans to make.
More about this bill
If you run a small business, an SBA loan could soon help pay for software. The Small Business Administration's main loan program, called 7(a), would clearly cover business software and cloud services. That includes tools for payroll, hiring, billing, sales, accounting, and supply tracking. Tools that use artificial intelligence would count too. The change adds an allowed use, not a new right. The agency would still choose which loans it makes. Loan money still could not pay for research and development. The rules for working capital stay the same. If you do not own a business, you would notice no change. The House passed the measure on June 24, 2026. The Senate has not voted.
Congressional Summary
Congress's official summary of this bill still describes an earlier version of the text, so we have left it out here. You can read it on Congress.gov.
Legislative Subjects
Details
- Congress
- 119th
- Chamber
- House
- Status
- summarized
- Action
- Reported to House
- Action Date
- 2026-06-03
- Date Added
- 2026-06-19
- Source
- Congress.gov →
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