of 1958 ( 15 U.S.C. 696 ), as amended by section 203(b) of this Act, is amended by adding at the end the following: (9) Affiliation principles Affiliation under any of the circumstances described below is sufficient to establish affiliation for applicants for a loan under this section: (A) Affiliation based on ownership (i) Ownership of another business When the applicant owns more than 50 percent of another business, the applicant and the other business are affiliated. (ii) Ownership by other businesses (I) In general When a business owns more than 50 percent of an applicant, the business that owns the applicant is affiliated with the applicant. (II) Other business owned by owner of applicant If a business entity owner that owns more than 50 percent of an applicant also owns more than 50 percent of another business that operates in the same 3-digit North American Industry Classification System subsector as the applicant, then the business entity owner, the other business, and the applicant are all affiliated. (iii) Ownership by individuals When an individual owns more than 50 percent of the applicant and the individual also owns more than 50 percent of another business entity that operates in the same 3-digit North American Industry Classification System subsector as the applicant, the applicant and the individual owner's other business entity are affiliated. (iv) Less than 50 percent When an applicant does not have an owner that owns more than 50 percent of the applicant, if an owner of 20 percent or more of the applicant also owns more than 50 percent of another business entity that operates in the same 3-digit North American Industry Classification System subsector as the applicant, the applicant and the owner's other business entity are affiliated. (v) Spouse and minor children Ownership interests of spouses and minor children shall be combined when determining amount of ownership interest. (vi) Percentage of ownership When determining the percentage of ownership that an individual owns in a business, the