Establishes the small defense business linked deposit program in Ohio to support defense-oriented businesses.

The bill creates the small defense business linked deposit program in Ohio, aimed at supporting defense-oriented businesses. Eligible borrowers must be headquartered in Ohio for at least five years, have annual gross receipts of up to $25 million, and be organized for profit. Eligible lending institutions must be able to make commercial loans. The program allows for reduced-rate loans to be used for creating new jobs, preserving existing jobs, and contributing to the state's economic well-being.

Establishes the small defense business linked deposit program in Ohio to support defense-oriented businesses.

The bill creates the small defense business linked deposit program in Ohio, aimed at supporting defense-oriented businesses. Eligible borrowers must be headquartered in Ohio for at least five years, have annual gross receipts of up to $25 million, and be organized for profit. Eligible lending institutions must be able to make commercial loans. The program allows for reduced-rate loans to be used for creating new jobs, preserving existing jobs, and contributing to the state's economic well-being.