How Extraordinary! Revised SBA Rule Gives Clear Guidance on Extraordinary Circumstances

Koprince McCall Pottroff – Many of the SBA’s small business programs have restrictions on what are commonly referred to as “extraordinary circumstances” or “extraordinary actions.” But there is a different meaning in the context of an entity seeking certification under an SBA socioeconomic program, where the qualifying individual must have control over all actions and circumstances except for those determined to be extraordinary.