[Code of Federal Regulations] [Title 13, Volume 1] [Revised as of January 1, 2001] From the U.S. Government Printing Office via GPO Access [CITE: 13CFR126.204] [Page 361] TITLE 13--BUSINESS CREDIT AND ASSISTANCE CHAPTER I--SMALL BUSINESS ADMINISTRATION PART 126--HUBZONE PROGRAM--Table of Contents Subpart B--Requirements to be a Qualified HUBZone SBC Sec. 126.204 May a qualified HUBZone SBC have affiliates? Yes. A qualified HUBZone SBC may have affiliates so long as the affiliates are also qualified HUBZone SBCs, 8(a) participants, or WOBs.