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SBA is proposing changes in the size standard for Heating Oil Dealers, NAICS code 454311, from...

SBA is proposing changes in the size standard for Heating Oil Dealers, NAICS code 454311, from $11.5 million in average annual receipts to 50 employees.

The agency wants to change the standard for Liquefied Petroleum Gas (Bottled Gas) Dealers, NAICS code 454312, from $6.5 million in average annual

receipts to 50 employees.

SBA says large and fluctuating increases in the prices of heating oil and propane indicate that employment is a more stable measure of firm size, rather than receipts.

The proposed rule is RIN 3245-AF67. Comments are due Nov. 30.

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