Posts tagged SBA Small Business Definition
How Does the SBA Define a Small Business?

Due to its mission, the SBA only guarantees loans to small businesses— but what is a “small business”? Well, according to the SBA, a small businesses have a maximum of anywhere between 250 and 1500 employees— all depending on the specific industry the business is in. Additionally, businesses have revenue limits that they must not exceed if they want to qualify for SBA financing. In general, companies with more than 1500 employees are not eligible for SBA loans.

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