### Question
How does SMALL BUSINESS INVESTMENT PROGRAM define eligible fixed asset?


### Answer
Under *15 U.S.C. § 696*, **eligible fixed asset** is defined as:

> tangible property relating to which the Administrator may provide financing under this section

#### Citation:
  - *15 U.S.C. § 696*
  - Heading: **CHAPTER 14B-SMALL BUSINESS INVESTMENT PROGRAM > SUBCHAPTER V-LOANS TO STATE AND LOCAL DEVELOPMENT COMPANIES**

