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.