According to an article by FederalTimes.com, critics believe the SBA is hiding the fact that large companies are receiving federal contracting dollars intended for small business. Lloyd Chapman, president of the American Small Business League, says the SBA is trying to deceive the public. "This is an attempt by the SBA to do what they have always done: to cover up the fact that Fortune 500 corporations are actually the recipients of most small business contracts," he said in a statement. Chapman says his group, which represents companies with 100 or less employees, will sue the SBA for denying its Freedom of Information Act request to obtain the data used to compile the agency's list of top 100 small-business contractors.
Paul Murphy, president of Eagle Eye Publishing, agrees that despite what the SBA's list shows, large firms are still getting a majority of the contracting dollars. "They're trying to create a list that has only small businesses on it when they're owned by large businesses," said Murphy.
To read more about the ongoing issue, check out the rest of this article.