Some SBA employees would have to sign a written conflict-of-interest statement before working on a loan. If they later find a banned conflict, they must report it and step away from that loan.
Modern Action explains what the legislation does, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.
Small Business Lending Fraud Prevention Act is a Senate bill committee Action. The latest recorded action: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Latest action on H.R. 7401: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Who this affects: This bill mainly affects SBA employees who work directly on SBA loans. It also affects SBA managers, because they would need to handle reports of conflicts and shift work when needed. Small businesses seeking SBA loans could feel the effects if the new process changes how fast reviews move.
Why this matters: SBA loan decisions can affect whether a small business gets needed money, so conflicts inside the agency matter. This bill tries to make workers check and disclose conflicts before they influence a loan. The bill may improve trust in SBA lending. It may also add steps to the process, and the actual effect depends on the SBA rules.
You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.
Officially: Small Business Lending Fraud Prevention Act
Some SBA employees would have to sign a written conflict-of-interest statement before working on a loan. If they later find a banned conflict, they must report it and step away from that loan.
Use this page to support, oppose, or ask Congress to amend HR7401. Modern Action explains what the bill does, helps identify the right senators or representative, and drafts a bill-specific message you can edit and send.
Where it stands
Sitting in Small Business and Entrepreneurship
No vote scheduled. Constituent contact is what moves bills out of committee.
↓ Why your message matters here
This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.
Enter your ZIP to see how your senators and member of Congress have voted, sponsored, or spoken on this bill.
Where this bill is in the process
Introduced
Introduced in House
House Committee
Under House committee consideration
House Floor Vote
Voted on by House
Passed House
Approved by House
Senate Review
Sent to Senate for consideration
Latest: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. (7/13/2026)
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
For more detail
Choose one clear position: support, oppose, or amend. Then pick any reasons or personal context you want included. Modern Action uses that input and the bill context to draft a message you can edit and send.
Congressional offices prioritize messages from their own constituents. Modern Action uses your address to route the drafted message to your senators when that is the most relevant target for this bill.
The draft includes the bill number, your position, the reasons you selected, any personal context you added, and a direct ask such as voting yes, voting no, cosponsoring, opposing, or seeking changes. You stay in control because you can edit the message before sending.
This page gives you an opportunity to support, oppose, or ask for changes to Small Business Lending Fraud Prevention Act, then contact the elected officials who can act. Modern Action drafts the message from your position and the reasons you select.
Modern Action keeps the action tied to the bill itself: what it does, where it is in the process (Committee Action), which office can still act, and what ask belongs in the message.
You are not starting from a blank form. Modern Action drafts the message around HR7401, your stance, and the reasons you choose, then lets you edit and send when ready.
