SBA Wants to Redefine “Small Business.” What Could It Mean for North Texas Firms?
The SBA proposal would replace nearly 1,000 distinct industry size standards with 338 broader standards. Depending on the industry, a standard is based on average annual receipts or employee count. SBA estimates the changes would result in a net increase of 114,541 firms classified as small nationwide. That is a projection, not a count of Dallas–Fort Worth businesses or Black-owned firms that would qualify. The proposal has not become a final rule.
