SBA increases size standards for NAICS Sector 71, Arts, Entertainment, and Recreation

The United States Small Business Administration (SBA) has increased the receipts based small business size standards for 17 industries in North American Industry Classification System (NAICS) Sector 71, Arts, Entertainment, and Recreation, and retained the current size standards for the remaining eight industries in that Sector. As part of its ongoing comprehensive size standards review, SBA evaluated all size standards for industries in NAICS Sector 71 to determine whether they should be retained or revised. Approximately 1,450 additional firms will be small under the new size standards and eligible for SBA's loan and Federal procurement programs. You may read/download SBA's final rule at www.regulations.gov (search on RIN 3245-AG36 or SBA-2012-0006). You may also review the originally proposed rule together with all of the comments that the public had submitted by going to www.regulations.gov. The proposed rule and the comments are included in the same docket. The revised size standards are effective July 22, 2013.