loans for plant acquisition

loans for plant acquisition Sec. 108. (a) Section 502 of the Small Business Investment Act of 1958 is amended by inserting “ acquisition,” after “plant”. (b) Section 7(a)(4)(C) of the Small Business Act is amended to read as follows: “(C) no such loans including renewals and extensions thereof may be made for a period or periods exceeding ten years, except that such portion of a loan made for the purpose of acquiring real property or constructing facilities may have a maturity of twenty years plus such additional period as is estimated may be required to complete such construction.”.