### Question
How does AID TO SMALL BUSINESS define non-Federally regulated SBA lender?


### Answer
Under *15 U.S.C. § 632*, **non-Federally regulated SBA lender** is defined as:

> a business concern if—


(A) such concern is authorized by the Administrator to make loans under section 636 of this title

#### Citation:
  - *15 U.S.C. § 632*
  - Heading: **CHAPTER 14A-AID TO SMALL BUSINESS**

