Size standards up by 13.65%

      On Dec. 19, the SBA implemented a final rule to adjust receipts-based and assets-based size standards to align with the inflation rate from 2014 to 2020.

      The final rule adds a 13.65% inflation increase to receipts-based industry size standards, rounded to the nearest $500K ($250K for agriculture).

      It also adds a 13.65% increase to economic disadvantage thresholds in the 8(a) and EDWOSB programs:

• Net worth raised to $850K, from $750K;
• Aggregate gross income for last three years to $400K, from $350K; and
• Value of residence to $6.5M, from $6M.

More information:
FedRegister final rule: https://bit.ly/3HaRV7n

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