YouTube Tuesday: What is a Small Business?

There’s been a lot of discussion about “small businesses” lately, but there are still many misconceptions about how large “small businesses” can actually be! In this YouTube video, I breakdown how Uncle Sam decides which businesses are small:

If you have questions about the size of your business, you can check out our many, MANY blog posts on the matter & this useful overview of affiliation, or give us a call!

SmallGovCon Week In Review: May 18 – May 22, 2020

Happy Memorial Day! I hope everyone has a wonderful holiday weekend as we remember those who have sacrificed for our country. Memorial Day was first observed in 1868. At that time then Congressman and former general James Garfield remarked of those that had died for our country: “For love of country they accepted death, and thus resolved all doubts, and made immortal their patriotism and their virtue.”

While we remember their sacrifice, there was also much news in the world of federal contracting. This week saw stories, among others, of the ramifications of the STARS II contract hitting its ceiling, a new approach for multiple award contracts, and the Air Force’s plan to roll out “Skyborg” drones.

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SBA: It’s (Maybe) Fine if You Didn’t Count the Employees of Your Foreign Affiliates for PPP Purposes

In what might be a classic “now you tell me” scenario, the SBA issued a new rule May 21 saying that if an applicant failed to count the employees of its foreign affiliates when it was determining its eligibility, the SBA will not hold that against the applicant so long as the application was submitted before the SBA clarified that requirement.

The problem with that, however, is that because the safe harbor ended May 18, it’s highly likely that a lot of those businesses already gave their PPP loan back. They’d be forgiven for thinking they had to, as earlier this month Sen. Marco Rubio was indicating that Congress would investigate companies who took PPP funds for which they weren’t eligible.

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