[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: 13CFR126.401]

[Page 363]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
                CHAPTER I--SMALL BUSINESS ADMINISTRATION
 
PART 126--HUBZONE PROGRAM--Table of Contents
 
                     Subpart D--Program Examinations
 
Sec. 126.401  What will SBA examine?

    (a) Eligibility. Examiners will verify that the qualified HUBZone 
SBC met the requirements set forth in Sec. 126.200 at the time of its 
application for certification and at the time of examination.
    (b) Scope of review. Examiners may review any information related to 
the HUBZone SBC qualifying requirements, including documentation related 
to the location and ownership of the concern, the employee percentage 
requirements, and the concern's attempt to maintain this percentage. The 
qualified HUBZone SBC must document each employee's residence address 
through employment records. The examiner also may review property tax, 
public utility or postal records, and other relevant documents. The 
concern must retain documentation demonstrating satisfaction of the 
employee residence and other qualifying requirements for 6 years from 
date of submission to SBA.