### Question
How does AID TO SMALL BUSINESS define qualified private lender?


### Answer
Under *15 U.S.C. § 636*, **qualified private lender** is defined as:

> any privately-owned bank or other lending institution that—


(i) is not a preferred lender

#### Citation:
  - *15 U.S.C. § 636*
  - Heading: **CHAPTER 14A-AID TO SMALL BUSINESS**

