SBA must report yearly on small-business loan agents.
H.R. 1804 — 7(a) Loan Agent Oversight Act · Filed by Daniel Meuser (R-PA) · 1 cosponsor · Introduced Mar 3, 2025 · Passed chamber
Your members of Congress
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What it does
The bill tells the SBA to write a report each year. The report covers 7(a) loan agents who help with SBA loans. It must show how many agents work. It must show how many bad loans they were part of. It tracks how much money agents made and which agents handle the most loans.
Who it affects
Small-business owners and loan applicants are affected. Congress gets facts to spot problems in the loan system.
One thing to notice
The bill makes the SBA report facts. It does not force the SBA to punish agents or change rules.
From the analysis of the bill text, linked under Primary records below.
Where it stands
1 cosponsor: 1 Democrats.
- Mar 3, 2025 — Introduced · Congress.gov: “Introduced in House”
- Mar 3, 2025 — Referred to House Committee on Small Business and Senate Committee on Small Business and Entrepreneurship · Congress.gov: “Referred to the House Committee on Small Business”
- Mar 5, 2025 — Markup held in committee · Congress.gov: “Committee Consideration and Mark-up Session Held”
- Mar 5, 2025 — Reported out of committee · Congress.gov: “Ordered to be Reported by the Yeas and Nays: 25 - 0”
- Jun 3, 2025 — Passed the House · Congress.gov: “On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 405 - 3…”
- Jun 3, 2025 — Floor vote scheduled · Congress.gov: “Mr. Williams (TX) moved to suspend the rules and pass the bill”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- 7(a) loan agents — People or companies that help small-business owners get loans that the SBA guarantees.
- SBA — The Small Business Administration, a government agency that helps small businesses.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (2,086 characters) on Jul 25, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,358 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-09-19.
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