---
kind: "section"
citation: "16 C.F.R. § 1020.2"
title: "16"
number: "1020.2"
heading: "What is the definition of “small business”?"
url: "https://uscodex.org/cfr/16/1020.2"
---

# §1020.2. What is the definition of “small business”?


As used in this part, the term small business means any entity that is either a small business, small organization, or small governmental jurisdiction, as those terms are defined at 5 U.S.C. [601(3)](/usc/5/601.md?p=3), [(4)](/usc/5/601.md?p=4), and [(5)](/usc/5/601.md?p=5), respectively.


## Notes

### Authority

Authority: 5 U.S.C. 601 note.

### Source

Source: 61 FR 52878, Oct. 9, 1996, unless otherwise noted.
