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"I heard from David Schmidt, who co-owns Pamplemousse and Club Pelicano, that he doesn't know if he'd need to apply for BDC financing but finds the exclusion baffling: 'We're talking about small businesses in general, I don't know why we're excluding any,' he said, arguing it is in everyone's interest to keep all industries alive and not single them out and raising practical concerns about how a federal exclusion would work." - Tim Forster