Modernizes the 504 loan program to improve access to capital for small manufacturers.

The 504 Modernization and Small Manufacturer Enhancement Act of 2026 amends the Small Business Investment Act of 1958 to improve the loan guaranty program and enhance small manufacturers' access to affordable capital. It modifies leasing rules for new facilities and existing buildings, allowing small businesses to lease more space if they occupy and use at least 50% of the project.

Modernizes the 504 loan program to improve access to capital for small manufacturers.

The 504 Modernization and Small Manufacturer Enhancement Act of 2026 amends the Small Business Investment Act of 1958 to improve the loan guaranty program and enhance small manufacturers' access to affordable capital. It modifies leasing rules for new facilities and existing buildings, allowing small businesses to lease more space if they occupy and use at least 50% of the project.