Piliero Mazza recently posted this update about SBA Adjusts Economic Disadvantage Thresholds for 8(a) and EDWOSB Programs and Monetary-Based Size Standards
Changes take effect 12/19/2022 and open the 8(a) and EDWOSB programs to more small businesses
- Increased the adjusted net worth threshold from $750,000 to $850,000
- Increased the adjusted gross income threshold from $350,000 to averaged over a three-year period, to $400,000, averaged over a three-year period
- Increased the total assets threshold from $6 million to $6.5 million