Sec. 208. Exclusion of certain publicly traded and foreign entities
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Section 7(a)(36)(D) of the Small Business Act ( 15 U.S.C. 636(a)(36)(D) ), as amended by section 204 is further amended by adding at the end the following new clause: Effective on the date of the enactment of this clause— an issuer, the securities of which are traded on a national securities exchange, is not eligible to receive a covered loan under this section; and an entity that is 51 percent or more owned by a foreign person, or the management and daily business operations of which are controlled by a foreign person (excluding an entity owned and controlled by a person domiciled in a territory or possession of the United States), is not eligible to receive a covered loan under this section. .
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Sec. 208
Exclusion of certain publicly traded and foreign entities
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