SBA Updates Rules for Firms to Qualify as Small Businesses –

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The U.S. Small Business Administration issued an interim final rule that will adjust monetary-based small business size standards for inflation to allow more small businesses to become eligible for the SBA’s loan and contracting programs.

The SBA is adjusting its industry-specific monetary-based size standards by nearly 8.4 percent to reflect the inflation that has occurred since the last adjustment for inflation in 2014.

This time, the SBA is also adjusting the revenues-based size standards …