13 CFR 121.107
§ 121.107 How does SBA determine a concern's “primary industry”?
United States · 13 CFR — Business Credit and Assistance · Status: effective
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- Citation
- 13 CFR 121.107, § 121.107 How does SBA determine a concern's “primary industry”?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52339
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Full text
In determining the primary industry in which a concern or a concern combined with its affiliates is engaged, SBA considers the distribution of receipts, employees and costs of doing business among the different industries in which business operations occurred for the most recently completed fiscal year. SBA may also consider other factors, such as the distribution of patents, contract awards, and assets.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.