As we previously advised, on July 27, 2023, SBA published in the Federal Register a Proposed Rule, Small Business Size Standards: Adjustment of Alternative Size Standard for SBA’s 7(a) and CDC/504 Loan Programs for Inflation; and Surety Bond Limits: Adjustments for Inflation (88 FR 48739). As proposed, SBA would make permanent the interim alternative size standard for the 7(a) and 504 programs that has existed by statute since 2010, and would increase that standard to account for inflation occurring since it was established. The comment period for this regulatory proposal closes today. Read NAGGL’s comment letter >