How does the SBA define a “small manufacturer?
A Small Manufacturer is defined as a small business concern that has: Its primary business classified in sector 31, 32, or 33 of the North American Industrial Classification System (NAICS); and All of its production facilities located in the United States. What are the Public Policy Goals of the SBA 504? Public policy goals have always been a requirement of the 504 program, but there have been some changes with the recent passage of the Energy Independence and Security Act of 2007 and the American Recovery and Reinvestment Act (of 2009) that specifically relate to energy efficiency and green building. Essentially, any business eligible for a 504 loan that can reduce it’s energy consumption by 10% or produce some of it’s own energy may now qualify for maximum financing.
