1. Short title; table of contents (a) Short title This Act may be cited as the Community Advantage Loan Program Act of 2023 . (b) Table of contents The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Definitions. TITLE I—Community Advantage Loan Program Sec. 101. Community Advantage Loan Program. TITLE II—Small Business Lending Companies Sec. 201. Short title. Sec. 202. Findings. Sec. 203. Lending criteria. Sec. 204. Affiliation and franchise directory. Sec. 205. Loan authorization. Sec. 206. Oversight of small business lending companies. Sec. 207. Office of Credit Risk Management. Sec. 208. Denied loan or loan modification request. Sec. 209. Direct lending. Sec. 210. Restriction on refinancing debt. Sec. 211. GAO study. 2. Definitions In this Act: (1) Administration The term Administration means the Small Business Administration. (2) Administrator The term Administrator means the Administrator of the Administration. I Community Advantage Loan Program 101. Community Advantage Loan Program (a) In general Section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) is amended by adding at the end the following: (38) Community Advantage Loan Program (A) Purposes The purposes of the Community Advantage Loan Program are— (i) to create a mission-oriented loan guarantee program; (ii) to increase lending to small business concerns in underserved and rural markets, including to new businesses; (iii) to ensure that the program under this subsection expands inclusion and more broadly meets congressional intent to reach borrowers who are unable to get credit elsewhere on reasonable terms and conditions; (iv) to help underserved small business concerns become bankable by utilizing the small dollar financing and business support experience of mission-oriented lenders