The revised size standards are effective February 26, 2016.
SBA increases employee based size standards for industries in NAICS Sector 42, Wholesale Trade, and NAICS Sector 44 45, Retail Trade The United States Small Business Administration (SBA) has issued a final rule that SBA reviewed all 71 industries in NAICS Sector 42 and two industries in NAICS Sector 44‑45 that have employee based size standards as part of its ongoing comprehensive size standards review as required by the Small Business Jobs Act of 2010.
NAICS 2017 created 21 new industries by reclassifying, combining, or splitting 29 existing industries under changes made to NAICS in 2012 (NAICS 2012).
Updating naics codes
SBA proposes to adopt the updated table of size standards, effective October 1, 2017.
If you would like to submit comments on SBA’s proposed rule, identify them by RIN 3245–AG84.
SBA is in the process of launching the second 5-year review of size standards.
As part of that effort, the Agency will first publish its revised “Size Standards Methodology” white paper for public comments.
The updated size standards are effective October 1, 2017.