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#Monthly gross receipts example sba pdf

Public Law 115-324 (the “Small Business Runway Extension Act of 2018”) amended section 3(a)(2)(C)(ii)(II) of the Small Business Act, 15 U.S.C. Sharma, Ph.D., Chief, Office of Size Standards, (202) 205-6618 or End Further Info End Preamble Start Supplemental Information SUPPLEMENTARY INFORMATION: Start Further Info FOR FURTHER INFORMATION CONTACT: For all other programs, SBA adopts a transition period through January 6, 2022, during which firms may choose between using a 3-year averaging period and a 5-year averaging period. SBA intends to seek comment on the Business Loan and Disaster Loan Programs in a proposed rule through a separate rulemaking. Specifically, in accordance with the Small Business Runway Extension Act of 2018, SBA is changing its regulations on the calculation of average annual receipts for all of SBA's receipts-based size standards, and for other agencies' proposed receipts-based size standards, from a 3-year averaging period to a 5-year averaging period, outside of the SBA Business Loan and Disaster Loan Programs. Small Business Administration (SBA or Agency) is modifying its method for calculating average annual receipts used to prescribe size standards for small businesses.

PART 121-SMALL BUSINESS SIZE REGULATIONS.

What alternatives will allow the Agency to accomplish its regulatory objectives while minimizing the impact on small entities? What are the relevant Federal rules which may duplicate, overlap or conflict with the rule? What are the projected reporting, record-keeping and other compliance requirements of the rule? What are SBA's description and estimate of the number of small businesses to which the rule will apply? What is the need for and objective of the rule? What are the potential benefits and costs of this regulatory action? What is the need for this regulatory action? 601-612), and the Paperwork Reduction Act (44 U.S.C.

Response to Office of Advocacy Comments.

Comments on the Exemption From the 5-Year Averaging Period.

Comments on Calculating of Average Receipts After the Sale or Acquisition of a Segregable Division.

Comments Supporting the 5-Year Averaging Period.

Comments on Moving From a 3-Year Averaging Period to a 5-Year Averaging Period.

Comments on Using a 5-Year Averaging Period for All Receipts-Based Size Standards.

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#Monthly gross receipts example sba pdf

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