How Should You Go About HubZone Certification Process
For small business entrepreneurs, getting loans for the development of their businesses is extremely essential. However, there are quite a few numbers of small business loan rates offered by the U.S. SBA to help socially or economically disadvantaged small businesses located in the HubZone. HubZone Certification is only available for businesses that are owned or operated by minority from the socially and economically backward section of the society, i.e. HubZone. SBA HubZone Certification program is perhaps one of the most availed small business programs offered by the U.S. Small Business Administration. This program is extremely advantageous for small businesses when it comes to selling services or products to the federal government. According to the last statistics available, during 2019 there were nearly 7,400 SBA small contractors across the country and almost 47% of them were awarded with at least one contract. Thanks to the fact that they own a Hubzo...