Smaller Enterprise

Smaller Enterprise means any Small Business that:
(1) Together with its Affiliates has a net worth of not more than $6.0 million and average net income after Federal income taxes (excluding any carry-over losses) for the preceding two years no greater than $2.0 million; or
(2) Both together with its Affiliates, and by itself, meets the size standard of ยง 121.201 of this chapter at the time of Financing for the industry in which it is then primarily engaged.


13 CFR § 108.50

Scoping language

The following definitions apply to this part 108:

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