(2) Lender Oversight Committee Any reference in a law, regulation, guidance, document, paper, or other record of the United States to the Lender Oversight Committee of the Small Business Administration shall be deemed a reference to the Lender Oversight Committee, established under section 48 of the Small Business Act, as added by subsection (a). (d) Technical amendment Section 3(r)(2) of the Small Business Act ( 15 U.S.C. 632(r)(2) ) is amended by striking regulated SBA lender each place it appears in heading and text and inserting regulated lender . 4. Definition of credit elsewhere (a) In general The Small Business Act ( 15 U.S.C. 631 et seq.) is amended— (1) by striking section 3(h) ( 15 U.S.C. 632(h) ) and inserting the following: (h) The term credit elsewhere means— (1) for the purposes of this Act (except as used in section 7(b)), the availability of credit on reasonable terms and conditions to the individual loan applicant from non-Federal, non-State, or non-local government sources, considering factors associated with conventional lending practices, including— (A) the business industry in which the loan applicant operates