Provides incentives for certain businesses associated with military installations.

This bill adds "military support businesses" to New Jersey's existing small business loan program. It defines these businesses as small entities within five miles of a military installation that conduct R&D projects supporting military missions. The key provision offers these businesses reduced interest rates - up to 25 basis points lower than standard rates - on loans for capital purchases and operations. This directly affects qualifying small businesses near military bases, providing targeted financial incentives to support their operations. The bill amends Section 2 of the current loan program statute to include this category.