; ; (D) in subparagraph (C), as so redesignated— (i) by striking pilot ; and (ii) by striking the period at the end and inserting a semicolon; and (E) by adding at the end the following: (D) the term small business concern in an underserved market means a small business concern— (i) that is located in— (I) a low- to moderate-income community; (II) a HUBZone; (III) a community that has been designated as an empowerment zone or an enterprise community under section 1391 of the Internal Revenue Code of 1986; (IV) a community that has been designated as a promise zone by the Secretary of Housing and Urban Development; (V) a community that has been designated as a qualified opportunity zone under section 1400Z–1 of the Internal Revenue Code of 1986; or (VI) a rural area; (ii) that has more than 50 percent of employees residing in a low- or moderate-income community; (iii) that is a startup or new business; (iv) owned and controlled by socially and economically disadvantaged individuals, including Black Americans, Hispanic Americans, Native Americans, Asian Pacific Americans, and other minorities; (v) owned and controlled by women; (vi) owned and controlled by veterans; (vii) owned and controlled by service-disabled veterans; (viii) not less than 51 percent owned and controlled by 1 or more— (I) members of the Armed Forces participating in the Transition Assistance Program of the Department of Defense; (II) Reservists; (III) spouses of veterans, members of the Armed Forces, or Reservists; or (IV) surviving spouses of veterans who died on active duty or as a result of a service-connected disability; or (V) individuals who have completed a term of imprisonment in Federal, State, or local jail or prison; or (ix) that is eligible to receive a veterans advantage loan; (E) the term small business concern owned and controlled by socially and economically disadvantaged individuals has the meaning given the term in section 8(d)(3)(C); and (F) the term startup means a business that has not yet opened.