The purpose of this legislation is to support small businesses by increasing the maximum loan amounts available through specific loan programs. The aim is to provide greater financial resources to small businesses, helping them to grow and thrive, especially in a changing economic landscape. The key provisions of this legislation include significant increases in the maximum loan amounts for two types of loans. For the 7(a) loan program, which is a popular option for small businesses, the maximum loan amount is raised from $3.75 million to $7.5 million.