### Question
How is the term business and industry loan defined?


### Answer
The term **business and industry loan** is defined in *7 U.S.C. § 1932* as the following:

> 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**

