Business · 06/09/2002Updated: 10/17/2026 · 1 min read

SBA Corrects 2002 North American Industry Classification System for Small Business Size Standards

The U.S. Small Business Administration (SBA) is revising its Small Business Size Regulations to incorporate the Office of Management and Budget's (OMB) 2002 modifications of the North American Industry Classification System (NAICS) for clearer identification of small business size standards in both dollar amounts and employee counts.