Back to all bills
S 3136119th CongressIn Committee
Heroes Business Opportunity Act of 2025
Introduced: Nov 6, 2025
Sponsor: Sen. Shaheen, Jeanne [D-NH] (D-New Hampshire)
Standard Summary
Comprehensive overview in 1-2 paragraphs
The Heroes Business Opportunity Act waives guarantee fees for SBA loans made to small businesses owned by veterans and their spouses, with loan amount limitations.
Key Points
- 1Eliminates SBA guarantee fees for veteran-owned businesses
- 2Applies to veterans, reservists, and their spouses
- 3Covers loans up to $1 million in deferred participation
- 4Excludes certain loan programs (36 and 37)
- 5Supports veteran entrepreneurship and small business development
Impact Areas
Veteran entrepreneursSmall Business AdministrationVeteran small business ownersSpouses of military members
Generated by kwaipilot/kat-coder-pro:free on Nov 19, 2025