As used in sections 36a-625 to 36a-634 , inclusive, unless the context otherwise requires:
(1) “Business and industrial development corporation” means a person approved or seeking approval by the federal Small Business Administration as a participating lender under its loan guarantee programs, which applies to the commissioner for a license in accordance with sections 36a-625 to 36a-634 , inclusive.
(2) “License” means a license issued under sections 36a-625 to 36a-634 , inclusive, authorizing a person to transact business as a business and industrial development corporation.
(3) “Licensee” means a person that is licensed under sections 36a-625 to 36a-634 , inclusive.