; and (bb) the spouse of any individual described in item (aa). (II) Close relatives Affiliation arises when there is an identity of interest between close relatives with identical or substantially identical business or economic interests, such as where the close relatives operate concerns in the same or similar industry in the same geographic area. (III) Aggregated interests If the Administrator determines that interests described in subclause (II) should be aggregated, an individual or firm may rebut that determination with evidence showing that the interests deemed to be affiliated are in fact separate. (v) Affiliation based on franchise and license agreements (I) In general The restraints imposed on a franchisee or licensee by its franchise or license agreement generally shall not be considered in determining whether the franchisor or licensor is affiliated with an applicant franchisee or licensee, if the applicant franchisee or licensee has the right to profit from its efforts and bears the risk of loss commensurate with ownership. (II) Nature of agreement For purposes of subclause (I), the Administrator shall only consider the franchise or license agreements of the applicant concern. (vi) Determining the concern's size In determining the size of a concern, the Administrator counts the receipts, employees, or the alternate size standard (if applicable) of the concern whose size is at issue and all of the domestic and foreign affiliates of the concern, regardless of whether the affiliates are organized for profit. (vii) Exceptions to affiliation The exceptions to affiliation described in section 121.103(b) of title 13, Code of Federal Regulations, or any successor regulation, shall apply. . (2) 504/CDC loans Section 502 of the Small Business Investment Act 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