[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR126.306]

[Page 420-421]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
                CHAPTER I--SMALL BUSINESS ADMINISTRATION
 
PART 126--HUBZONE PROGRAM--Table of Contents
 
                        Subpart C--Certification
 
Sec. 126.306  How will SBA process the certification?

    (a) The AA/HUB is authorized to approve or decline certifications. 
SBA will receive and review all certifications, but SBA will not process 
incomplete packages. SBA will make its determination within 30 calendar 
days after receipt of a complete package whenever practicable. The 
decision of the AA/HUB is the final agency decision.
    (b) SBA will base its certification on facts existing on the date of 
submission. SBA, in its sole discretion, may request additional 
information or clarification of information contained in the submission 
at any time.

[[Page 421]]

    (c) If SBA approves the application, SBA will send a written notice 
to the concern and automatically enter it on the List described in 
Sec. 126.307.
    (d) A decision to deny eligibility must be in writing and state the 
specific reasons for denial.