8(a) Program Community Property Laws Explained

124.104 Who is economically disadvantaged?

(2) When married, an individual claiming economic disadvantage must submit separate financial information for his or her spouse, unless the individual and the spouse are legally separated. SBA will consider a spouse’s financial situation in determining an individual’s access to credit and capital where the spouse has a role in the business (e.g., an officer, employee or director) or has lent money to, provided credit support to, or guaranteed a loan of the business. SBA does not take into consideration community property laws when determining economic disadvantage.

Where to obtain a Certificate of Good Standing

When applying for the 8(a) Program you are required to provide the SBA with a copy of a current Certificate of Good Standing that is no older than 90 days old when your 8(a) application is submitted. Some States refer to the the Certificate of Good Standing as a Certificate of Existence, Compliance, Status or Authorization. Here are links to obtain this required document.