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SBA

RIN: 3245-AG16

Publication ID: Fall 2010

Title: ●Small Business Jobs Act: Small Business Size Standards; Alternative Size Standard for 7(a) and 504 Business Loan Programs
Abstract: The Small Business Jobs Act directs SBA to establish a new alternative size standard based on tangible net worth and net income for determining size eligibility for its 7(a) and 504 loan programs. The law also established a new temporary alternative size standard that is in effect until SBA issues a new size rule. This rule will propose a new alternative size standard for the 7(a) and 504 loan programs.
Agency: Small Business Administration(SBA)	Priority: Other Significant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Proposed Rule Stage
Major: No	Unfunded Mandates: No
CFR Citation: 13 CFR 121.301
Legal Authority: PL 111-240, sec 1116

Legal Deadline:  None

Timetable: Action Date FR Cite NPRM  02/00/2011

Regulatory Flexibility Analysis Required: Yes	Government Levels Affected: None
Small Entities Affected: Businesses	Federalism: No
Included in the Regulatory Plan: No
RIN Data Printed in the FR: Yes
Agency Contact: Dr. Khem Raj Sharma Chief, Office of Size Standards Small Business Administration 409 Third Street SW, Washington, DC 20416 Phone:202 205-7189 Fax:202 205-6390 Email: khem.sharma@sba.gov