S 3171119th CongressIn Committee

Veteran Entrepreneurship Empowerment Act

Introduced: Nov 10, 2025

Sponsor: Sen. Markey, Edward J. [D-MA] (D-Massachusetts)

Standard Summary

Comprehensive overview in 1-2 paragraphs

The Veteran Entrepreneurship Empowerment Act waives guarantee fees and reduces equity injection requirements for SBA loans to veterans and military spouses.

Key Points

1Waives guarantee fees for SBA 7(a) and 503 loans to veterans and military spouses up to $1M
2Reduces minimum equity injection requirements by at least 5 percentage points for veterans
3Defines eligible recipients broadly to include veterans, military spouses, and survivors
4Requires annual reporting on veteran participation in SBA loan programs
5Applies to both startup and existing business loans

Impact Areas

Veteran entrepreneurs and small business ownersMilitary spouses and survivorsSmall Business Administration lending programsVeteran economic empowerment and business development

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