; and (2) the number of licenses issued under section 399A, including the number of such licenses issued to applicants for which the management consists of at least two socially disadvantaged individuals or economically disadvantaged individuals. 399G. Definitions In this part: (1) Applicant The term applicant means— (A) an incorporated body, a limited liability corporation, or a limited partnership organized and chartered or otherwise existing under State law solely for the purpose of performing the functions and conducting the activities contemplated under this section; or (B) a bank-owned applicant, rural business investment company, or small business investment company licensed under section 301 that submits an application to operate as a micro-SBIC under section 399A. (2) Bank-owned applicant the term bank-owned applicant means an applicant for a license to operate as a small business investment company under this part that— (A) is a national bank or any member bank of the Federal Reserve System or nonmember insured bank that bears the same name as the small business investment company that is the subject of the application; (B) is domestically domiciled within the United States; and (C) has not had a license issued under this Act revoked or involuntarily surrendered during the 10-year period preceding the date on which the application is submitted; (3) Covered small business The term covered small business means a small business concern that— (A) is a small business concern owned and controlled by women (as defined in section 3(n) of the Small Business Act), small business concern owned and controlled by socially and economically disadvantaged individuals (as defined in section 8(d)(3)(C) of such Act), a small business concern owned and controlled by veterans (as defined in section 3(q) of such Act) or a Tribal business concern (as described in section 31(b)(2)(C) of such Act)