### Question
How does SMALL BUSINESS INVESTMENT PROGRAM define PCLP loan?


### Answer
Under *15 U.S.C. § 697e*, **PCLP loan** is defined as:

> any loan guaranteed under this section

#### Citation:
  - *15 U.S.C. § 697e*
  - Heading: **CHAPTER 14B-SMALL BUSINESS INVESTMENT PROGRAM > SUBCHAPTER V-LOANS TO STATE AND LOCAL DEVELOPMENT COMPANIES**

