504 Credit Risk Management Improvement Act of 2025

This bill establishes the Office of Credit Risk Management within the Small Business Administration to oversee the SBA's 504 loan program. It requires the Office to supervise certified development companies (CDCs), conduct random file reviews of loan closings, and enforce compliance through fees and penalties for violations. The Office must also submit annual risk reports to Congress detailing portfolio performance, enforcement actions, and financial metrics. These changes directly affect CDCs managing SBA 504 loans and aim to strengthen program integrity through enhanced oversight and reporting.