In this chapter, the following terms have the meanings indicated. Terms Defined. “Act” means Economic Development Article, Title 5, Subtitle 2, Annotated Code of Maryland. “Applicant” means a business entity seeking a loan from the Department. “Business entity” means an individual, partnership, corporation, limited liability company, or other form of entity doing business in Maryland. “Defense contractor” means a business entity that has over the 5 years before the date of its application for a loan derived a substantial amount of revenue from defense contracts. “Department” means the Department of Commerce. “Economic Development Administration (EDA)” means the Economic Development Administration of the U. S. Department of Commerce. “Fund” means the Maryland Economic Adjustment Loan Fund, which is administered by the Department. “Loan” means a loan made from the Fund by the Department under the Program. “Maryland Economic Adjustment Financing Committee” means the Committee described in Economic Development Article, §5-202, Annotated Code of Maryland. “Program” means the Maryland Economic Adjustment Program, as authorized by the Act. “Restricted funds” means EDA funds and required matching funds from State or other sources. “Secretary” means the Secretary of Commerce, or the Secretary's designee. Working Capital. “Working capital” means funds to be used for current operations of a business. “Working capital” includes funds for supplies, materials, labor, equipment, rent, software, marketing, insurance, and fees for professional services.