SEC. 2. LOAN LIMITS. 
(a) BUSINESS LOAN PROGRAM.—Section 7(a)(3) of 
the Small Business Act (15 U.S.C. 636(a)(3)) is amend-
ed— 
(1) in subparagraph (A), by striking ‘‘subpara-
graph (B)’’ and inserting ‘‘subparagraphs (B) and 
(C)’’; 
(2) in subparagraph (B), by striking ‘‘and’’ at 
the end; 
(3) by redesignating subparagraph (C) as sub-
paragraph (D); and 
(4) by inserting after subparagraph (B) the fol-
lowing: 
‘‘(C) if the gross amount outstanding and 
committed (by participation or otherwise) to the 
borrower from the business loan and investment 
fund established by this Act would exceed 
$7,500,000, for a small business concern— 
‘‘(i) that is principally engaged in the 
research, development, manufacturing, or 
production of a technology listed on the 
Critical and Emerging Technologies List 
issued by the National Science and Tech-
nology Council in coordination with the 
National Security Council, or any suc-
cessor to such list; 
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‘‘(ii) for which the headquarters of the 
small business concern is located in the 
United States; and 
‘‘(iii) that includes in the application 
of the small business concern for the loan 
under this subsection information regard-
ing any foreign individual or entity that 
owns not less than 5 percent of the small 
business concern; and’’. 
(b) 504 LOAN PROGRAM.—Section 502(2)(A) of the 
Small Business Investment Act of 1958 (15 U.S.C. 
696(2)(A)) is amended— 
(1) in clause (i), by striking ‘‘or (v)’’ and in-
serting ‘‘(v), or (vi)’’; 
(2) in clause (iv), by striking ‘‘and’’ at the end; 
(3) in clause (v), by striking the period at the 
end and inserting ‘‘; and’’; and 
(4) by adding at the end the following: 
‘‘(vi) $7,500,000 for each project of a 
small business concern principally engaged 
in the research, development, manufac-
turing, or production of a technology listed 
on the Critical and Emerging Technologies 
List issued by the National Science and 
Technology Council in coordination with 
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the National Security Council, or any suc-
cessor to such list.’’. 
SEC. 3. REPORT REGARDING ACCESS TO CAPITAL FOR 
SMALL BUSINESSES. 
Not later than 1 year after the date of enactment 
of this Act, the Administrator of the Small Business Ad-
ministration shall submit to Congress a report that— 
(1) provides a description of the effect of infla-
tion and supply chain disruption during the 3-year 
period ending on the date of enactment of this Act 
on the cost to small business concerns (as defined 
under section 3 of the Small Business Act (15 
U.S.C. 636)) of obtaining access to capital, 
disaggregated by industry; and 
(2) makes recommendations, in partnership 
with the Office of Advocacy of the Small Business 
Administration, on how to support access to capital 
for small business concerns involved in the domestic 
research, development, manufacturing, and produc-
tion of technologies listed on the Critical and 
Emerging Technologies List issued by the National 
Science and Technology Council in coordination with 
the National Security Council, or any successor to 
such list. 
Æ 
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