; (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— (aa) members of the Armed Forces participating in the Transition Assistance Program of the Department of Defense; (bb) Reservists; (cc) spouses of veterans, members of the Armed Forces, or Reservists; or (dd) surviving spouses of veterans who died on active duty or as a result of a service-connected disability; (IX) that is eligible to receive a veterans advantage loan; or (X) owned and controlled by an individual who has completed a term of imprisonment in a Federal, State, or local jail or prison; (ix) 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); (x) the term startup means a business that has not yet opened; and (xi) the term veterans advantage loan means a loan made to a small business concern under this subsection that is eligible for a waiver of the guarantee fee under paragraph (18) or the yearly fee under paragraph (23) because the small business concern is a concern described in subclause (VI), (VII), or (VIII) of clause (viii). (C) Establishment There is established a Community Advantage Loan Program under which the Administration may guarantee loans made by covered institutions under this subsection, including loans made to small business concerns in underserved markets. (D) Program levels In each of fiscal years 2020, 2021, 2022, 2023, 2024, and 2025, not more than 10 percent of the number of loans guaranteed under this subsection may be guaranteed under the program. (E) New lenders (i) Fiscal years 2021 and 2022 In each of fiscal years 2021 and 2022— (I) not more than 150 covered institutions shall participate in the program