The U.S. Small Business Administration (SBA), has proposed a rule that is says will simplify the guidelines for determining “affiliation” for eligibility based on size.
If the rule is adopted, it will affect SBA’s Surety Bond Guarantee Program; business loan programs (which consists of the 7(a) Loan Program and the Business Disaster Loan Program); the Microloan Program; and the Development Company Program (i.e. 504 Loan Program).
This proposed rule would redefine affiliation for all five Programs, affecting eligibility determinations. Download the proposed rule here: http://www.gpo.gov/fdsys/pkg/FR-2015-10-02/pdf/2015-25204.pdf.
Public comments are due on, or before, December 1, 2015.