SBA Loans

The Small Business Administration has finalized rules raising the size limits of companies in a variety of industries. That means 17,000 more companies now qualify for federal set-aside contracts and access to SBA loan guarantees. SBA raised the ceilings in four sectors — agriculture, finance, management, and arts and entertainment. It also raised them for mining support industries. The SBA says it's reviewing size standards in all industries. That's required by the Small Business Jobs Act of 2010. It says the task will take several more years to complete.