SBA Adjusts Size Standards Due to Inflation

NOTE: The Alaska PTAC has been renamed as Alaska APEX Accelerator. This change occurred on September 15, 2023. Learn why.

In December 2022, SBA implemented a final rule that adjusts monetary-based industry size standards (i.e., receipts and assets) for inflation that occurred since 2014. The rule implements three main actions: (i) adding an additional 13.65% inflation increase to the monetary small business size standards; (ii) adjusting three program-specific monetary size standards to account for inflation; and (iii) adjusting for inflation the economic disadvantage thresholds applicable to two separate programs.

Read the full article here.