[Code of Federal Regulations] [Title 13, Volume 1] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 13CFR121.704] [Page 321] TITLE 13--BUSINESS CREDIT AND ASSISTANCE CHAPTER I--SMALL BUSINESS ADMINISTRATION PART 121_SMALL BUSINESS SIZE REGULATIONS--Table of Contents Subpart A_Size Eligibility Provisions and Standards Sec. 121.704 When does SBA determine the size status of a business concern? The size status of a concern for the purpose of a funding agreement under the SBIR program is determined as of the date of the award for both Phase I and Phase II SBIR awards.