In this subchapter:
(1) "Declared disaster" means a state of disaster declared by the governor under Chapter 418.
(2) "Financial institution" includes a bank, trust company, banking association, savings and loan association, mortgage company, investment bank, credit union, and nontraditional financial institution.
(3) "Micro-business" means a corporation, partnership, sole proprietorship, or other legal entity that:
(A) is domiciled in this state and has at least 95 percent of its employees located in this state;
(B) is formed to make a profit; and
(C) employs not more than 20 employees.
(4) "Participating financial institution" means a financial institution participating in the program.
(5) "Program" means the micro-business disaster recovery loan guarantee program.