Small Business Administration
The U.S. Small Business Administration has issued a final rule that adjusts monetary-based small business size standards for inflation. The rule finalizes the Agency's December 6, 2005 interim final rule that also amended monetary-based small business size standards for inflation. However, this rule adds an additional 8.7 percent to the inflation-adjusted size standards of the December 2005 interim final rule. This additional 8.7 percent accounts for inflation that has occurred since then. This rule also adopts the interim final rule's two-step process for determining eligibility for SBA's Business Loan and Economic Injury Disaster Loan (EIDL) Programs. Furthermore, the rule adopts the revised date that SBA uses to determine size status for purposes of EIDL applications for businesses located in declared disaster areas as a result of Hurricanes Katrina, Rita, and Wilma. DATES: Effective Date: This rule is effective on August 18, 2008.
For more information regarding the increase in small business size standards, go to sba.gov/services/
FOR FURTHER INFORMATION CONTACT: Carl Jordan, Office of Size Standards, (202) 205-6618 or sizestandards@
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