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Small Business Technological Advancement Act

S. 2330 Sen. Todd Young (R-IN) In committee
Bill text PDF
  1. Introduced Jul 18
  2. Committee Jul 18
  3. Passed Senate Next
  4. Passed House Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Jul 18, 2023Next: Senate vote
1198d ago Jul 18, 2023: Read twice and referred to the Committee on Small Business and Entrepreneurship.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
2companies, 11 filings
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Member trades
21trades in the last 90 days
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Companies lobbying on this bill

2 companies
Companies by sector
Technology & Software 2
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Summary

This bill allows the Small Business Administration (SBA) to provide business loans for financing business software or cloud computing services.

Sec. 2, Additional uses for SBA business loans: The bill amends the Small Business Act to add a new provision allowing the SBA to provide loans under section 7(a) to finance, in whole or in part, business software or cloud computing services that help with business operations, product or service delivery, payroll processing, human resources, sales and billing, or accounting and tracking of supplies, inventory, records, and expenses.

Summary of the bill text as introduced in Senate (Jul 18, 2023), generated by SecBot from the official bill text; the Library of Congress summary is not yet published.

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.