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The SBA’s size standards determine whether or not your business qualifies as small. 23 rows SBA also has extended for an extra 30 days the comment period for a . This proposed rule notifies the public that it has until J , to review and comment on revisions to SBA’s Size Standards Methodology white paper. The . In , SBA implemented a general increase to its monetary based size standards to account for the effects of inflation. The adjusted standards were $2 million for retail trade and services industries, $12 million for general construction, and $5 million for special trade construction.
SBA also includes the table of size standards in the Small Business Size Regulations, 13 CFR § This table includes size standards that have changed since the last publication of 13 CFR § For more information on these size standards, please visit. SBA’s Size Standards Size: KB. This proposed rule overlaps with other Federal rules that use SBA's size standards to define a small business. Under sec. 3(a)(2)(C) of the Small Business Act, 15 U.S.C. (a)(2)(c), Federal agencies must use SBA's size Start Printed Page standards to define a. the most part, size standards are the average annual receipts or the average employment of a firm. How to calculate average annual receipts and average employment of a firm can be found in 13 CFR § and 13 CFR § , respectively. SBA also includes the table of size standards in the Small Business Size Regulations, 13 CFR § We support America's small businesses. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business.
The proposed size standards would define the maximum number of employees a firm in these industries could have and still be a small business. The proposed revisions reflect changes in marketplace conditions. SBA proposed to retain the current size standards for the remaining industries in those sectors. SBA reviewed all of the employee-based size standards for both sectors to determine whether the size standards . Nevertheless, to promote consistency government-wide on small business size standards, on J (84 FR ), SBA issued for comments a proposed rule to change its method for calculating average annual receipts for all SBA's receipts-based size standards and other agencies' proposed receipts-based size standards for firms in services. SBA Size Standards Use the Document Below to Find the SBA Size Standards based on Total Employees or Dollars for any given NAICS Code. CLICK TO DOWNLOAD Aug Version. On Dec. 5, , SBA published a final rule modifying its method for calculating average annual receipts used to determine size standards for small businesses.