"Small" in Name Only: The SBA's Misguided Attempt to Redefine Small Business The Small Business Administration (SBA) has long been a champion of small businesses, providing them with access to federal contracts, loans, and other forms of financial assistance.
However, the agency's latest proposal threatens to undermine its mission by redefining what it means to be a small business.
The proposed rule change would increase revenue limits from $47 million to as much as $867 million for investment banking companies and over $1 billion for firms dealing with fiduciary activities.