b'NEWSWIRESBA Proposes New Rule to Increase Receipts-Based Size Standards for Sight Seeing VesselsSTEVEN E. BERS, ESQ. // PVA GENERAL COUNSELW hat is a small business eli- 2025. Information is now available onquestionsmembershaveconcerning gible to participate in Smallthe SBA web site. A call to the PVAtheir own operation or the cap appli-BusinessAdministrationLegal Hotline can also assist with anycable to their operation.(SBA) programs? Small business eligi-bility is determined by the SBA under whatarecalledNorthAmericanIn-dustry Classification System (NAICS) codes. The first two numerical digits describe the overall industry, and the succeeding numbers in the code break down the business industry more spe- Bringing the Best to Passenger Vessel cifically. The size standards representOwners and Operators.caps on each industry, which cannot be exceeded if the business is to be catego-rized as small. The size standard is the average of the previous five full years that an entity has been in business. Best-In-Class ProductsFor the passenger vessel Scenic SightDiscover carefully curated product lines Seeing Vessel classification, the eligibil- representing the best-in-class offering from global manufacturers. Thrusters, Seating, Lighting, Wipers, ity cap has heretofore been $14,000,000Marine Insulation and more. All in stock in our New in annual receipts. As of Aug. 22, 2025,Bedford, Massachusetts warehouse.theSBAissuedaproposedrule,pro-posing to increase the eligibility cap to $18,000,000, an increase of 28 percent,Expert Knowledgeif the rule becomes final. Imtras online Learning Center is a vast resource for Boat Builders, Naval Architects, Designers, For certain vessel member operationsDealers and Boat Yards looking for their ideal qualifying as sightseeing vessels, thesolution. Expert assistance from our product newcapmaysignalneweligibility.specialists is always just a phone call away.Forothervesseloperatorswithsuc-cessful businesses, the higher cap mayUnparalleled Customer Supportallow longer participation if revenuesWhether you have pre-sale questions or need arealreadyapproachingthecurrentpost-sale service and support, Imtras experienced cap. Almost 250 other industry clas- team of full time product experts is here to help! sificationsarealsoslatedforraisedImtra is a 100% employee-owned company.caps, including many PVA associate member businesses. Find Your Solution at Imtra.com or Call 508-995-7000Pleasenote,however,thatthisisa Bringing you proposed rule and not yet a final rule.the best.The comment period ends on Oct. 21,THRUSTERS|LIGHTING|SEATING|DOORS & HATCHES|WINDOWS |WIPERS SOLAR SHADES|MARINE INSULATION|POWER MANAGEMENT|MUCH MORE61 SEPTEMBER 2025'