The Equal Shot Act of 2025 prohibits the Small Business Administration from discriminating against businesses in the firearms industry when they apply for federal small business loans, loan guarantees, or other financial assistance. The bill applies broadly to firearms manufacturers and sellers, ammunition producers, firearms accessory makers, shooting ranges, firearm instruction providers, and industry trade associations. Under this legislation, the SBA cannot deny assistance to otherwise eligible applicants simply because they operate in the firearms sector. The bill does not specify new funding levels or implementation timelines, but directs the SBA Administrator to refrain from adopting policies that target the firearms industry based solely on the nature of their business.