SBA to Increase Size Standards for Wholesale, Retail and Manufacturing Industries

Effective February 26th, 2016 the SBA is increasing small business size standards for 46 industries in the wholesale/retail sector (NAICS codes 42 and 44-45) and  209 industries in the manufacturing sector ( NAICS codes 31-33)

According to the SBA’s press release, the new size standards will allow nearly 1,650 more businesses to be eligible for or retain small business status; will give federal agencies a larger pool of small businesses for their procurement programs; and will make more small businesses eligible for SBA loan programs.


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