Expands the surety bond program under the Small Business Investment Act of 1958.

The bill expands the surety bond program under the Small Business Investment Act of 1958 by increasing the maximum amount of surety bonds the Small Business Administration can guarantee. It raises the cap from $6.5 million to $20 million. The bill also allows up to 5% of the fund's amount to be used for administrative costs each fiscal year.

Expands the surety bond program under the Small Business Investment Act of 1958.

The bill expands the surety bond program under the Small Business Investment Act of 1958 by increasing the maximum amount of surety bonds the Small Business Administration can guarantee. It raises the cap from $6.5 million to $20 million. The bill also allows up to 5% of the fund's amount to be used for administrative costs each fiscal year.