SBA wants to revise SME size standard to allow more to apply for Federal contracts and loans

By Yajush Gupta · 27 April 2022 · News

SBA wants to revise SME size standard to allow more to apply for Federal contracts and loans

SBA Set to Shake Up Small Business Eligibility

The Small Business Administration is poised to make a significant change that could open doors to federal contracts and loans for thousands of businesses. But what does this mean for your company, and how will it impact the industry?

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Summary

The proposed changes in nine industries, including manufacturing and transportation, will allow more MSMEs to regain small business status