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SBA Gives Details of Size Standard Review SBA says three industry sectors are first in line in the agency’s review of size standards: NAICS Sector 44-45, Retail Trade;
The current size standard for most businesses in the three categories is $6.5 million in annual receipts. Combined, the sectors cover 159 industries. An SBA spokesman said internal analysis of the standards is complete and they are going through regulatory channels, including a review by the Office of Management and Budget. Deputy Administrator Jovita Carranza said earlier that the agency hopes to propose changes in the standards by March 31. (SAA, 1/25) Administrator Steven Preston said the agency plans to review all size standards over the next 12 to 18 months, with a few sectors to be completed each quarter.
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