Decline Code 33 Not eligible because the applicant is not a small business.
Federal law limits Economic Injury Disaster Loans EIDL to small businesses only.
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By Murray Wennerlund published 10-31-2022 updated 10-31-2022

Decline Code 33 Not eligible because the applicant is not a small business.

(NOTE: Use only for EIDLs.)

Federal law limits Economic Injury Disaster Loans (EIDL) to small businesses only. To be eligible for an EIDL, an applicant must not exceed the SBA size standard for its industry. For different industries, size standards are measured by either revenues or number of employees. The test is applied to the industry in which the applicant alone is primarily engaged. Additionally, if the applicant has any affiliates, it is also applied to the industry in which the applicant together with its affiliates is primarily engaged.

Based on our analysis of the information you provided, the business activity is (insert NAICS BUS Activity) and the primary activity is (insert NAICS Primary Activity). As a result, (insert Applicant Name) does not meet the requirement to be a small business for this purpose. If you disagree with our decision, you may request a formal size determination by completing the attached SBA Form 355.

Resource: SBA SOP 50 30 8