### Question
What does business and industry loan mean?


### Answer
**Business and industry loan** has the following meaning in *7 U.S.C. § 1932*:

> a business and industry direct or guaranteed loan that is made or guaranteed by the Secretary under subsection (a)(2)(A), including guarantees described in paragraph (3)(A)(ii)

#### Citation:
  - *7 U.S.C. § 1932*
  - Heading: **CHAPTER 50-AGRICULTURAL CREDIT > SUBCHAPTER I-REAL ESTATE LOANS**

