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Small Business Size Standards: Inflation Adjustment to Size Standards, Business Loan Program, and Disaster Assistance Loan Program

SBA · final-rule · Published 2008-07-18 · Effective 2008-08-18 · 73 FR 41237

Document

Document number
E8-16148
Federal Register citation
73 FR 41237
CFR reference
13 CFR 121
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Small Business Administration
Publication date
2008-07-18
Effective date
2008-08-18

Abstract

This rule finalizes the U.S. Small Business Administration's (SBA) December 6, 2005 interim final rule that amended monetary-based small business size standards for inflation. This rule adds an 8.7 percent increase to the inflation-adjusted size standards of the December 2005 interim final rule. This accounts for the 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.

Source

Authoritative
Federal Register document
Machine
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