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News/Protests & Claims/1/120th Stockholder Can Still Control Firm Under SBA’s Minority Shareholder Rule; SBA No. SIZ-5893, Size Appeal of Melton Sales & Service Inc.
News·Protests & Claims Brief

1/120th Stockholder Can Still Control Firm Under SBA’s Minority Shareholder Rule; SBA No. SIZ-5893, Size Appeal of Melton Sales & Service Inc.

Appeal of the area office’s determination that the awardee is an eligible small business is affirmed, where the appellant did not provide clear evidence that the awardee is controlled by a large firm with foreign ownership, despite some shared financial interests.

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