Trump team wants to expand the definition of ‘small business’ to include billion dollar companies
The Small Business Administration is proposing a rule that would massively increase the cap at which companies are considered ‘small’ – with some allowed to make over $1 billion
The Trump administration wants to change what it means to be a small business by raising the standard, allowing certain companies with more than 3,000 employees and making $1 billion to apply for federal loans and grants. Under a new rule proposal, t... [3347 chars]