Rep. Subramanyam stands up for small businesses with letter to Small Business Administration

September 15, 2026 Press Release WASHINGTON, DC – Congressman Suhas Subramanyam (VA-10) spoke out on the Small Business Administration’s (SBA) proposed rule to overhaul small business size standards. In a letter sent to SBA Administrator Kelly Loeffler and submitted to the Federal Register, Congressman Subramanyam outlined how the new rule would drastically increase the industry-specific annual revenue and employee caps that the SBA uses to determine who qualifies as a small business. The rule will make it easier for larger businesses to qualify for small business loan programs, as well as put thousands of larger businesses in direct competition with truly small businesses for the same government contracting opportunities. “Billion-dollar businesses are the exact opposite of small. Their ability to qualify for highly competitive small business contracts pushes out and jeopardizes real small businesses. This new rule would raise the annual receipts for certain industries 20-fold. Our community and economy thrive when we support small businesses. This proposed rule attacks our small business contracting sector in Virginia when we should be backing them,” said Congressman Subramanyam. The letter was cosigned by Virginia’s Democratic members of the House of Representatives: Representatives Jennifer McClellan (VA-04), James Walkinshaw (VA-11), Don Beyer (VA-08), Bobby Scott (VA-03), and Eugene Vindman (VA-07). View the full letter here . Members of the public may submit a comment on the SBA’s proposed rule here . The comment period ends September 21st, 2026. ###