1. Short title This Act may be cited as the Small Business Cybersecurity Enhancement Act . 2. Loan guarantees for cybersecurity technology and services (a) In general The Small Business Act ( 15 U.S.C. 631 et seq.) is amended— (1) by redesignating section 47 as section 48; and (2) by inserting the following new section after section 46: 47. Loan guarantees for cybersecurity technology and services (a) Definitions As used in this section: (1) Cybersecurity technology and services The term cybersecurity technology and services — (A) means— (i) computer hardware, software, and related technology that— (I) supports the prevention of damage to, protection of, and restoration of computers, electronic communications systems, electronic communications services, wire communication, and electronic communication, including information contained therein, to ensure its availability, integrity, authentication, confidentiality, and nonrepudiation; (II) is purchased by an eligible small business; (III) provides for encryption of data, detection of malware, or protection of information and information systems from unauthorized access, use, disclosure, disruption, modification, or destruction; (IV) meets any requirements established by the Small Business Development Center Cyber Strategy developed under section 1841(a) of the National Defense Authorization Act for Fiscal Year 2017 ( Public Law 114–328 ; 130 Stat. 2662); and (V) meets any industry best practices standards; (ii) an insurance product available for purchase by an eligible small business that provides coverage for losses caused by a cyber attack on such business; (iii) services related to— (I) the installation of computer hardware, software, and related technology described under clause (i); or (II) training on security principles for employees of an eligible small business; or (iv) has the meaning given such term by the Administrator