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Size Standard

SBA threshold for qualifying as small business in an industry.

Definition

Size Standard SBA threshold for qualifying as small business in an industry.

SBA Size Standards

Definition

Size standards are the largest a business can be and still qualify as "small" for a given industry. Standards vary by NAICS code and are based on average annual receipts (typically $750K to $47M) or number of employees (typically 500 to 1,500). Size is calculated using averages over 3-5 years.

Official Source

SBA Size Standards

Related Terms

  • Affiliation

    Related business entities counted together for size determination.

  • NAICS Code

    North American Industry Classification System code identifying business industry.

  • Small Business

    Business meeting SBA size standards for its industry.

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