If any special licenses are required for the industry in which the business concern operates, such as a General Contractors license, Professional Engineers (PE) license, Plumbing license, etc. has a copy been provided?
Is the license current and in the name of the business concern with the Applicant for 8a Certification as the holder/qualifier?
If the license holder/qualifier is not the Applicant, is the license holder/qualifier an equity owner within the business concern? If so, the SBA will determine that this individual has the ability to impact the control of the business concern, therefore the business concerns 8a Application will most likely be denied.
If the license holder/qualifier is the Applicant, and the license holder/qualifier has NO equity with the business concern, the Applicant and business concern must be able to prove that they have ultimate managerial and supervisory control of this individual.
2 thoughts on “Special Licenses Requirements within the SBA 8a Application”
How do we prove that we don’t need a special license to operate our business.
You must prepare a letter with links to the state, county and any local websites that shows what licenses are required for a specific type of business. If your business type is not listed by these sites, then they will accept no licenses are requried.