; (22) the term covered small business concern — (A) means a small business concern; and (B) with respect to an employee equity investment company that is not a Protege EEIC, includes an entity that is not more than 300 percent larger than the size standards established for categorizing a business concern as a small business concern under section 3(a) of the Small Business Act ( 15 U.S.C. 632(a) ); (23) the term eligible worker-owned cooperative has the meaning given that term in section 1042(c) of the Internal Revenue Code of 1986; (24) the term employee equity investment company means a small business investment company— (A) that identifies at the time of application for licensure under section 301 an intent to be licensed as an employee equity investment company; and (B) for which— (i) not less than 75 percent of the total capital managed by the investment firm shall be invested in covered investments; (ii) not less than 50 percent of the total capital managed by the investment firm shall be invested in covered investments described in paragraph (21)(A); (iii) covered investment returns are obtained from debt, synthetic equity, or a combination thereof, including returns obtained from cash interest, payment-in-kind interest, and stock warrants; and (iv) any investment that is not a covered investment is an investment in a small business concern; (25) the term employee stock ownership plan has the meaning given that term in section 4975(e) of the Internal Revenue Code of 1986; (26) the term independent trustee means a trustee that— (A) is in the profession of serving as a fiduciary for employee stock ownership plans; (B) has never— (i) performed services for or on behalf of any party selling an ownership interest in the covered small business concern to the employee stock ownership plan involved in the transaction the trustee is considering; or (ii) been a director, officer, or employee of the covered small business concern