Pub. L. 116-260, div. N, tit. III, sec. 342 (as amended)
PROHIBITION OF ELIGIBILITY FOR PUBLICLY-TRADED COMPANIES.
SEC. 342. PROHIBITION OF ELIGIBILITY FOR PUBLICLY-TRADED COMPANIES.
Section 7(a)(36) of the Small Business Act (15 U.S.C. 636(a)(36)) is amended—
(1) in subparagraph (A), as amended by section 318 of this Act, by adding at the end the following:
“(xvi) the terms ‘exchange’, ‘issuer’, and ‘security’ have the meanings given those terms in section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)).”
; and
(2) in subparagraph (D), as amended by section 318 of this Act by adding at the end the following:
“(viii) Ineligibility of publicly-traded entities.—Notwithstanding any other provision of this paragraph, on and after the date of enactment of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, an entity that is an issuer, the securities of which are listed on an exchange registered as a national securities exchange under section 6 of the Securities Exchange Act of 1934 (15 U.S.C. 78f), shall be ineligible to receive a covered loan under this paragraph.”
.