Ask Cloveer (Questions and Answers) : Cloveer 8a Certification Faqs

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	Who Screens and Processes the 8a Application?
	How long will it take to get 8a Certified?
	Is there a checklist for the requirements of an 8(a) bona fide office?
	Does the SBA review my personal or business credit? Do I need to have good credit?
	Do you have a sample SBA 8a Certification Approval Letter?
	Why do Federal Tribes have to waive "Sovereign Immunity" to be 8A Certified?
	I have a family member who is currently 8a Certified. Can I get 8a Certified too?
	I already have an EIN from a corporation and I want to change to an LLC and become 8a certified as a minority (black famale ) owned business based in Nevada. Is this possbile and can you help.
	How can I determine my Adjusted Net Worth for 8a Certification purposes
	Can I apply for 8a Certification if I have been arrested?
	Can I transfer assets to reduce my Adjusted Net Worth below the $250K limit?
	How can I find out if 8a Contracts were awarded in my state?
	Can I have outside employment and still qualify for 8a Certification?
	What meeting minutes must be submitted with your 8a Application and who is required to submit them?
	Will getting 8a Certified guarantee me a contract?
	I have a family member who is currently 8(a) certified, Can I get 8(a) Certified?
	Does the applicant need to hold all required licenses for 8a Certification?
	Why should I hire a consultant to assist with my 8a Application?
	Can I get 8a Certified if I only have one client?
	Do my company financials have to be prepared by my accountant or will my taxes suffice?
	What would qualify as EVIDENCE OF TERMINATION OF OUTSIDE EMPLOYMENT?
	I transferred some money and stock to my family member. SBA found out the money but not the stock..Should I report the stock transfer also? It will take my networth to $245000? Should I take a risk ? Can they somehow findout the stock transfer?
	If I own 25% of an 8(a) company that will be graduating soon, can I reapply for the program with my new company in two years that I own 100%? (I female and native american)
	If a company borrows money and the financing provides for a stock conversion that would reduce minority ownership below 51%, does the issuance of that debt disqualify the company as an 8a? What if only under certain conditions, ie default?
	On the Form 413, where do you enter a student loan?
	Does the 8a yearly review process for 8a business and non 8a business start from the calander year or the program year?