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SBA Adjusts Small-Business Size Standards

Date: 01/30/2006 | Category: Business | Author: Diana Heeb Bivona

The U.S. Small Business Administration has adjusted its size standards for companies to account for inflation. About 12,000 more will qualify for its loan and procurement programs, according to a recent press release.  The SBA standards are based on receipts, net worth and financial assets.  The reclassification will help restore companies that may have lost their status.

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