§ 124.203. What must a concern submit to apply to the 8(a) BD program?
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/us/cfr/t13/s§ 124.203·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each 8(a) BD applicant concern must submit information and supporting documents required by SBA when applying for admission to the 8(a) BD program. This information may include, but not be limited to, financial data and statements, copies of filed Federal personal and business tax returns, individual and business bank statements, personal history statements, and any additional information or documents SBA deems necessary to determine eligibility. Each individual claiming disadvantaged status must also authorize SBA to request and receive tax return information directly from the Internal Revenue Service.
The majority socially and economically disadvantaged owner must take responsibility for the accuracy of all information submitted on behalf of the applicant. \[81 FR 48581, July 25, 2016, as amended at 85 FR 66185, Oct. 16, 2020; 89 FR 102489, Dec. 17, 2024\]