High-propensity business applications

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High‐Propensity Business Applications (HBA): Business Applications (BA) that have a high propensity of turning into businesses with payroll. The identification of high‐propensity applications is based on the characteristics of applications revealed on the IRS Form SS‐4 that are associated with a high rate of business formation. High‐propensity applications include applications: (a) for a corporate entity, (b) that indicate they are hiring employees, purchasing a business or changing organizational type, (c) that provide a first wages‐paid date (planned wages); or (d) that have a NAICS industry code in manufacturing (31‐33), retail stores (44), health care (62), or restaurants/food service (72).