Senate Committee on Small Business and Entrepreneurship

SBA plan to fold 1,000 size standards into 338 would let 114,000 larger firms count as small

SBA's proposal to collapse about 1,000 size standards into 338 would let an estimated 114,000 larger companies qualify as small businesses. Lenders back it for the loan volume, while small firms and 12 Senate Democrats object to larger rivals for set-aside contracts.