Funding Small Businesses During Shutdown Act

HR 7473, the *Funding Small Businesses During Shutdown Act*, ensures small business loan programs continue during government shutdowns by appropriating specific funds from the Treasury. It allocates $500,000 for Section 7(m) loans, $2.917 billion for Section 7(a) loans, $1.25 billion for SBA investment programs, and $13.775 million for administrative costs during any 30-day lapse in SBA funding. This directly affects small businesses relying on these SBA loans, preventing program disruptions during shutdowns. The bill provides concrete, immediate funding to maintain loan servicing without creating new programs.