[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR126.306]

[Page 456]
 
                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 or designee 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 or designee is the final agency 
decision.
    (b) SBA may request additional information or clarification of 
information contained in an application submission at any time.
    (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.

[63 FR 31908, June 11, 1998, as amended at 69 FR 29423, May 24, 2004; 70 
FR 58974, Oct. 11, 2005]