On August 22, 2025, the U.S. Small Business Administration (“SBA”) published a notice of proposed rulemaking under which the SBA proposes to increase revenue-based size standards for 263 industries (the “Proposed Rule”). The Proposed Rule is one of two rules for this series of the SBA’s size standard review, focusing exclusively on revenue-based size standards, with a second proposed rule addressing employee-based size standards expected soon.  Comments are due by October 21 2025.

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