5 common hubzone eligibility questions

1. Can a startup company apply for HUBZone Certification and get Certified?

Answer: Yes. A startup company can apply for HUBZone Certification and get Certified as long as it can meet the basic eligibility requirements. You must be able to provide a current lease or rental agreement for the principal office, or a deed or rental agreement, for your primary residence, if you operate out of your residence. You must also provide a copy of the most recent (less than 30 days old) utility bill or telephone bill in the name of the business concern too for the principal office location.

2. If I don’t have commercial office space can I get HUBZone Certified?

Answer: Yes. If your principal office is located within your residence you will need to provide a copy of the deed for the property.

3. If I am the only owner and employee for the business and do not pay myself a salary, can I get HUBZone certified?

Answer: Yes. all non-paid owners who work 40 hours, a month, are considered an employee. In this case, your principal office and residence must be located in designated SBA HUBZone.

4. If I have multiple office locations, how does the SBA handle this?

Answer: You are required to have a separate Dun and Bradstreet profile for each office location where you have a lease or rental agreement. Your principal office will be determined as the office where the greatest number of employees report to. Jobsites or client sites are excluded.

5. Is there a basic checklist of documents that I must gather for my HUBZone Application?

Answer. Yes. Download our basic checklist. This checklist may not identify everything needed by you or your business concern based upon your unique circumstances. The items in this checklist must meet certain regulatory requirements so we suggest using the checklist for gathering purposes only and not for submission.

For more information on HUBZone Certification call us at 813-333-5800 or visit http://www.cloveer.com/hubzoneapplication.html.

3 SBA HUBZone Application Killers

1. The firm’s Dun and Bradstreet (DUNS) profile does not show the correct company name or primary/physical office address.

Your firm’s Dun and Bradstreet profile must show the exact name of your company as it is shown on your Articles of Formation (Organization or Incorporation) documents. If you operate as a sole proprietor, your Dun and Bradstreet profile should show the full name of the individual and not a dba name (Doing Business Name) or fictitious business name used.

 Additionally, your Dun and Bradstreet profile must show the correct primary/physical office address that you defined within your HUBZone application.

2. Payroll reports provided do not contain all of required information. 

Your payroll report must show all employee names, number of hours worked for that pay period, the beginning and ending date of the pay period, wages, taxes and any adjustments.  

Any employee who has been defined as one the 35% required to meet the SBA regulations must have worked a minimum of 40 hours in the month of the payroll report provided to be considered as full-time and they must appear on the payroll report covering the application date.

3. Articles of Formation (Organization or Incorporation) filed with your Secretary of State show a principal office address at some place other than what you defined in your HUBZone Application paperwork.

If you have changed your principal office address after filing your original or amended formation documents you must ensure that all filed documentation with your Secretary of State shows the principal office address that you have defined within your HUBZone Application.

These are just 3 of many HUBZone Application killers that will get your application denied. A denial of your HUBZone Application results in a minimum of 90 days day’s until you can reapply again. Submitting incorrect or inconsistent information can cause your application to be severely delayed.

If you are looking for assistance in preparing a complete and compliant HUBZone Application so it is submitted correctly and results in a successful HUBZone Certification in 90 days or less, please call us at 813-333-5800 or visit http://www.cloveer.com/hubzoneapplication.html.

We have a 100% success rate for all HUBZone Applications prepared and submitted.