Modifies loan criteria for plant acquisition, construction, conversion, or expansion under the Small Business Investment Act of 1958.
Amends the Small Business Investment Act of 1958 to modify the criteria for loans for plant acquisition, construction, conversion, or expansion. Specifically, it removes certain clauses and redesignates others to streamline the loan criteria process. This change aims to provide more flexibility and potentially easier access to loans for small businesses involved in these activities.
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