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10-27-1994
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10-27-1994
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MV City Council
City Council Document Type
City Council Packets
Date
10/27/1994
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4111 <br /> SMALL BUSINESS WEER AWARDS <br /> April 30 - May 6 , 1995 <br /> ELIGIBILITY BY SIZE <br /> A business must be qualified as small under SBA size standard <br /> guidelines. Size standards differ by industry and may be <br /> measured in terms of dollars or number of employees. The <br /> following describes the broad parameters for classifying <br /> businesses as small. <br /> Wholesale The average number of employees per pay <br /> period for the preceding twelve months does <br /> not exceed__ 100 (this includes part-time and <br /> temporary employees) . <br /> Retail Average annual receipts for last three years <br /> less than $5 million. <br /> Service Average annual receipts for last three years <br /> • less than $5 million (except for real estate <br /> agents who must have average annual receipts <br /> of less than $1. 5 million for the last three <br /> years) . <br /> Construction Average annual receipts for the' last three <br /> years less than $17 . 0 million (except for <br /> dredging and surface cleanup activities which <br /> is $13 . 5 million) . Special trade <br /> construction is limited to $7 . 0 million. <br /> Manufacturing The average number of employees per pay <br /> period for the preceding twelve months does <br /> not exceed 500 (this includes part-time and <br /> temporary employees) . <br /> Farming Average annual receipts for the last three <br /> years less than $500 , 000 . 00 . <br /> PLEASE NOTE: In determining if your nomination fits our size <br /> standards, please include any foreign and/or domestic affiliates <br /> whether they are for profit or non-profit entities. <br /> If you have any questions concerning size standards, please call <br /> the Minneapolis SBA office at 612/370-2324 . <br />
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