Heroes Business Opportunity Act of 2025

This bill waives the government guarantee fee for certain small business loans under the Small Business Administration's 7(a) program when made to veteran-owned businesses or their spouses. It specifically applies to loans under $1 million that are not made under other special provisions. Eligible borrowers include veterans, reserve component members, individuals in transition assistance programs, and surviving spouses of veterans who died in service or from service-connected disabilities. The change modifies existing Small Business Act provisions to remove this fee requirement for qualifying loans.