### Question
What is the definition of borrower?


### Answer
The definition of **borrower** is as follows in *15 U.S.C. § 697f*:

> a small business concern whose loan secures a debenture issued pursuant to section 697 of this title

#### Citation:
  - *15 U.S.C. § 697f*
  - Heading: **CHAPTER 14B-SMALL BUSINESS INVESTMENT PROGRAM > SUBCHAPTER V-LOANS TO STATE AND LOCAL DEVELOPMENT COMPANIES**

