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SBA 8(a) Quick Check

           

This information is from the US Small Business Administration. You can get more information by visiting their web site. This "Quick Check" is for general information only. Please check with the SBA for more specific information regarding certifications.

 

To use the Quick Check, print out this page and use it as an informal worksheet. Fill in the checkmarks to determine your prospects for meeting the 8(A) Program eligibility.

 

SBA 8(a) “Quick Check”
 
1. Are you and any other individual claiming disadvantaged status a U.S. citizen?  ___ Yes  ___ No

 

2. Have you been discriminated against in the U.S.? 

___ Yes  ___ No

 

3. Is your personal net worth under $250,000? 

___ Yes  ___No (excluding residence and business)

 

4. In general, has your legal record been favorable? 

___ Yes  ___ No (no prior convictions, parole, probation/prison or other similar incidents)

 

5. Currently you/your firm are not responsible for any tax liens or unsatisfied judgments?  ___ Yes  ___ No

 

6. Do you unconditionally own 51% of the firm applying for the 8(a) program?  ___ Yes  ___ No

 

7. Is this your only employment and/or business ownership? 

___ Yes  ___ No

 

8. So you have ultimate managerial accountability for the business?  ___ Yes  ___ No

 

9. Can you sign any company checks?  ___ Yes  ___ No

 

10. Do you maintain the highest position in the firm? 

___ Yes  ___ No

 

11. Has you firm filed Federal business tax returns for the last 2 years reflecting revenues in the industry in which your firm seeks 8(a) certification?  ___ Yes  ___ No

 

12. Are you the highest compensated individual in the firm? 

___ Yes  ___ No

 

13. Is your firm a small business?  ___ Yes  ___ No

 

14. Is your firm current in its payment of operating expenses?  ___ Yes  ___ No

 

15. Is you firm current in its payment of payroll taxes? 

___ Yes  ___ No

 

16. Is your firm a for-profit business?  ___ Yes  ___ No

 

17. Does the Federal government purchase the goods/services offered by your firm?  ___ Yes  ___ No

 

18. If your firm sells a product, does it maintain inventory and sell to customers from the inventory?   ___ Yes  ___ No

 

19. In your business career, you affirm that you have never been debarred from doing business with the Federal government. 

___ Yes  ___ No

 

If you responded “Yes” to all of the above questions, you/your firm are good candidates for the 8(a) Business Development program.

 

As part of your application, you will be required to complete SBA forms and submit relevant personal and business documentation to allow the SBA to assist you in reviewing your business operations and eligibility for the 8(a) Business Development program.

 

The above “Quick Check” questions should be used as a guide to assist you in determining your prospects for eligibility in the 8(a) program.  It is not an official SBA 8(a) application or a substitute for your formal application.

                               

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