### Question
How does the law define eligible lender?


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

> any lender designated by the Administration as eligible to participate in the general business loan program under this subsection

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

