COVID-19 Outbreak (Update: More than 2.9M cases and 132,313 deaths in US)

About those Small Business Loans, I see the media tripping and falling all over themselves about large businesses getting the loans, etc. Let's see if I can my fellow EE Board buddies a bit.

A Small Business can also be an Other Than Small Business (notice, I did NOT say Large Business, because there is no such thing) under the Small Business Administration rules.
How's that?

The Small Business Administration uses the North American Industry Classification System (NAICS) to determine business size.

There's a NAICS code assigned to every possible type of business and there's a NAICS Size Determination, based on the number of employees and/or the average annual receipts.

So, if a company makes widgets and employs 10,000 people to make widgets, they are an Other Than Small Business for the code assigned to widget makers.

At the same time, the same company has a sideline making shims, but they only employ 10 people doing that. They are a Small Business for the code assigned to shim makers.

I've seen companies that were Small Business for half their NAICS Codes and Other Than Small Business for the other half of their NAICS Codes.

There are also some strange NAICS Codes that can be either Small Business or Other Than Small and their entries contain massive footnotes explaining how the heck that works.

In the end, the deal about "large businesses" getting loans intended for Small Businesses can be extremely misleading, especially given that there is no such thing as a "large business" under the classification system used Small Business Administration and any business can be "Small" or "Other Than Small" simultaneously.

I love my job. :)

Small Business Association Table of Size Standards
https://www.sba.gov/document/support--table-size-standards
https://www.census.gov/eos/www/naics/