SBA 8(a) Checklist of Required Documents Updated
In a welcome change the U.S. Small Business Administration (SBA) has just updated and expanded its standardized checklist of documentation required for the SBA 8(a) Business Development Programapplication.
Many mandatory data items that were previously left unaddressed in the official 8(a) checklist have been added, which should reduce the number
of 8(a) applications initially deemed inadequate for processing because applicants will be better informed about what the government needs to see to determine eligibility for the SBA 8(a) program.
The SBA has also added some clarifying text to the 8(a) checklist to help applicants understand what documentation variants are acceptable
and not acceptable in the application.
Applicants might find one new SBA request on the checklist irritating—documents submitted for review should bear holes punched at the top
of each page rather than vertically down the left side of each page. The SBA 8(a) Department of Program Certification and Eligibility (DPCE) has filed documents this way for a long time; however, this practice is not as common in business, so many applicants will have to either buy pre-punched paper or re-align their paper punch devices.
Despite this, the changes to the checklist are generally positive in nature and a great improvement over the older version, which had become outdated. (And, our editors on staff happily note that one major glaring spelling error in the old checklist has finally been rectified!)
Applicants can view this new 8(a) checklist within their own personal, secure online 8(a) applications hosted on the SBA’s General Log-in