Requires EDA administer small business loan program to provide loans to small businesses owned or controlled by certain veterans.

This bill requires New Jersey's Economic Development Authority (EDA) to allocate at least 12% of all funds from its existing small business loan program to businesses owned or controlled by veterans, with priority given to veterans with service-connected disabilities. It directly affects eligible veteran-owned small businesses in New Jersey seeking loans under the program. Key mechanisms include mandating the EDA to track and report loan allocations to meet this 12% minimum, while prioritizing veterans certified as having service-connected disabilities by the U.S. Department of Veterans Affairs or Defense. The requirement applies to all loan funds disbursed in any calendar year under the program, as amended from existing law (P.L.2011, c.201).