; and (ii) in the case of each succeeding job created after such first job, during the period beginning on the date such first job was created and ending on the date of creation of such succeeding job. (c) Exclusion from income The amount of a loan, and interest on a loan, which is canceled under this section shall not be considered income for purposes of the Internal Revenue Code of 1986. (d) Prevention of double benefits No borrower may receive a reduction of loan obligations under both this section and section 428J, 428K, 428L, 455(m), or 460. (e) Definitions In this section: (1) Annual adjustment percentage The term annual adjustment percentage is equal to the estimated percentage change in the Consumer Price Index (as determined by the Secretary, using the definition in section 478(f)) for the most recent calendar year. (2) New job The term new job means an employment position at a small business concern owned and controlled by women that— (A) employs an individual who is not a owner of such small business concern; and (B) provides a salary of not less than $30,000 per calendar year, increased by a percentage equal to the annual adjustment percentage for the calendar year for which the salary amount under this paragraph is being determined. (3) Small business concern owned and controlled by women The term small business concern owned and controlled by women has the meaning given under section 3(n) of the Small Business Act ( 15 U.S.C. 632(n) ). .