Succession Plan Improperly Conditioned Veteran’s Ownership of Company, Negating Business’s SDVOSB Status; In the Matter of ALOG Corporation, SBA No. VET-285

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Appeal of SBA decision finding that company did not qualify as a service-disabled veteran-owned small business is denied. Under SBA’s regulations an SDVOSB must be unconditionally owned by a service-disabled veteran. The SBA found the appellant did not qualify as an SDVOSB because its principals had executed an agreement that conditioned the ownership of a […]
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