Code of Federal Regulations Title 45. Public Welfare § 45.1336.75 Allowable loan activities

(a) The establishment or expansion of businesses engaged in commercial, industrial or agricultural activities, such as farming, manufacturing, construction, sales, service;

(b) The establishment or expansion of cooperatives engaged in the production and marketing of farm products, equipment, or supplies;  the manufacture and sale of industrial, commercial or consumer products;  or the provision of various commercial services;

(c) Business or job retention;

(d) Small business development;

(e) Private sector job creation;  and

(f) Promotion of economic diversification, e.g. targeting firms in growth industries that have not previously been part of a community's economic base.