### Question
How is the term small business concern defined?


### Answer
The term **small business concern** is defined in *31 U.S.C. § 6701* as the following:

> such term has under section 3 of the Small Business Act; 

#### Citation:
  - *31 U.S.C. § 6701*
  - Heading: **SUBTITLE V-GENERAL ASSISTANCE ADMINISTRATION > CHAPTER 67-FEDERAL PAYMENTS**

