### Question
How does INFRASTRUCTURE FINANCE define secured loan?


### Answer
Under *23 U.S.C. § 181*, **secured loan** is defined as:

> a direct loan or other debt obligation issued by an obligor and funded by the Secretary in connection with the financing of a project under section 183

#### Citation:
  - *23 U.S.C. § 181*
  - Heading: **CHAPTER 1-FEDERAL-AID HIGHWAYS > SUBCHAPTER II-INFRASTRUCTURE FINANCE**

