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In
general, to qualify as an SDB, a company must be a small
business which is at least 51% unconditionally owned and
controlled by one or more socially and economically
disadvantaged individuals. There are numerous criteria
which the SBA looks into when reviewing an application to see if
a business meets these criteria. However, businesses that
are owned and controlled by Black Americans, Hispanic Americans,
Native Americans, Asian Pacific Americans and Subcontinent Asian
Americans are rebuttably presumed to be socially and
economically disadvantaged.
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