Sign up for email updates from SBAReceive helpful business tips and upcoming events in your area.


About SBA

news

SBA Increases Size Standards for 58 Industries in Three Sectors

Release Date: 
Tuesday, September 25, 2012
Release Number: 
12-39
Contact: 
Tiffani Clements (202) 401 0035

WASHINGTON – The U.S. Small Business Administration issued three final rules in the Federal Register, effective Oct. 24, 2012, increasing size standards for firms in three North American Industry Classification System (NAICS) Sectors: Real Estate and Rental and Leasing; Educational Services; and Health Care and Social Assistance.

Size standards define the maximum size a firm can be and still be considered a small business. The revised standards reflect changes in marketplace conditions and public comments that SBA received to the proposed rules.

New size standards will enable more businesses in these sectors to obtain or retain small business status; will give federal agencies a larger pool of small businesses from which to choose for their procurement programs; and will make more small businesses eligible for SBA’s loan programs.

SBA increased size standards for businesses in 21 industries in the Real Estate and Rental and Leasing Sector. More than 13,000 additional firms will qualify as small under these new size standards and become eligible for SBA loan and federal procurement programs.

SBA also increased size standards for nine industries for firms in the Educational Services Sector. More than 1,500 additional businesses will qualify as small under the new size standards and become eligible for SBA loan and federal procurement programs.

Size standards for 28 industries were also increased for firms in the Health Care and Social Assistance Sector. More than 4,100 additional firms will qualify as small under these new size standards and become eligible for SBA loan and federal procurement programs.

To review the three rules and public comments, go to www.regulations.gov. Each has a separate RIN number:

  • Real Estate and Rental and Leasing – (RIN 3245-AG28).
  • Educational Services – (RIN 3245-AG29).
  • Health Care and Social Assistance – (RIN 3245-AG30)

The SBA is reviewing all size standards, and takes into account the structural characteristics of individual industries, including average firm size, the degree of competition, and federal government contracting trends. This ensures that small business size definitions reflect current economic conditions in those industries. Under the Small Business Jobs Act of 2010, SBA will continue its comprehensive review of all size standards for the next several years.

The SBA issued a White Paper entitled “Size Standards Methodology” which explains how SBA establishes, reviews and modifies its receipts-based and employee-based small business size standards. It is available at http://www.sba.gov/size. For the latest about SBA’s revisions to small business size standards, click on “What’s New with Size Standards.”

NAICS
code

NAICS Industry Title

Current size standard
($ million)

Revised size standard
($ million)

Sector 53, Real Estate and Rental and Leasing

531110

Lessors of Residential Buildings and Dwellings

$7.0

$25.5

531120

Lessors of Nonresidential Buildings (except Miniwarehouses)

$7.0

$25.5

531190

Lessors of Other Real Estate Property

$7.0

$25.5

Except,

Leasing of Building Space to Federal Government by Owners

$20.5

$35.5

531210

Offices of Real Estate Agents and Brokers

$2.0

$7.0

531311

Residential Property Managers

$2.0

$7.0

531312

Nonresidential Property Managers

$2.0

$7.0

531320

Offices of Real Estate Appraisers

$2.0

$7.0

531390

Other Activities Related to Real Estate

$2.0

$7.0

532111

Passenger Car Rental

$25.5

$35.5

532112

Passenger Car Leasing

$25.5

$35.5

532120

Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing

$25.5

$35.5

532210

Consumer Electronics and Appliances Rental

$7.0

$35.5

532220

Formal Wear and Costume Rental

$7.0

$19.0

532230

Video Tape and Disc Rental

$7.0

$25.5

532291

Home Health Equipment and Rental

$7.0

$30.0

532411

Commercial, Air, Rail, and Water, Transportation Equipment and Rental

$7.0

$30.0

532412

Construction, Mining and Forestry Machinery and Equipment Rental and Leasing

$12.5

$30.0

532420

Office Machinery and Equipment Rental and Leasing

$25.5

$30.0

532490

Other Commercial, and Industrial Machinery and Equipment Rental and Leasing

$7.0

$30.0

533110

Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

$7.0

$35.5

Sector 61, Educational Services

611110

Elementary and Secondary Schools

$7.0

$10.0

611210

Junior Colleges

$7.0

$19.0

611310

Colleges, Universities and Professional Schools

$7.0

$25.5

611420

Computer Training

$7.0

$10.0

611430

Professional and Management Development Training

$7.0

$10.0

611519

Other Technical and Trade Schools

$7.0

$14.0

611519

Language Schools

$7.0

$10.0

611699

All Other Miscellaneous Schools and Instruction

$7.0

$10.0

611710

Educational Support Services

$7.0

$14.0

Sector 62, Health Care and Social Assistance

621420

Outpatient Mental Health and Substance Abuse Centers

$10.0

$14.0

621491

HMO Medical Centers

$10.0

$30.0

621492

Kidney Dialysis Centers

$34.5

$35.5

621493

Freestanding Ambulatory Surgical and Emergency Centers

$10.0

$14.0

621498

All Other Outpatient Care Centers

$10.0

$19.0

621511

Medical Laboratories

$13.5

$30.0

621512

Diagnostic Imaging Centers

$13.5

$14.0

621610

Home Health Care Services

$13.5

$14.0

621910

Ambulance Services

$7.0

$14.0

621991

Blood and Organ Banks

$10.0

$30.0

621999

All Other Miscellaneous Ambulatory Health Care Services

$10.0

$14.0

622110

General Medical and Surgical Hospitals

$34.5

$35.5

622210

Psychiatric and Substance Abuse Hospitals

$34.5

$35.5

622310

Specialty (except Psychiatric and Substance Abuse) Hospitals

$34.5

$35.5

623110

Nursing Care Facilities (Skilled Nursing Facilities)

$13.5

$25.5

623210

Residential Intellectual and Developmental Disability Facilities

$10.0

$14.0

623220

Residential Mental Health and Substance Abuse Facilities

$7.0

$14.0

623311

Continuing Care Retirement Communities

$13.5

$25.5

623312

Assisted Living Facilities for the Elderly

$7.0

$10.0

623990

Other Residential Care Facilities

$7.0

$10.0

624110

Child and Youth Services

$7.0

$10.0

624120

Services for the Elderly and Persons with Disabilities

$7.0

$10.0

624190

Other Individual and Family Services

$7.0

$10.0

624210

Community Food Services

$7.0

$10.0

624221

Temporary Shelters

$7.0

$10.0

624229

Other Community Housing Services

$7.0

$14.0

624230

Emergency and Other Relief Services

$7.0

$30.0

624310

Vocational Rehabilitation Services

$7.0

$10.0

 

 

###