Most actually "manufacture" their own SBR. You get an appropriate lower, engrave your information on it, and submit a Form 1 with $200 to the ATF. Once you have your tax stamp, you can legally pair your lower with an upper of less than 16" in length.
That's a great simplification of course. The ATF is about to change the rules in July for how a trust purchases NFA items, so there is a huge rush on now of people submitting for tax stamps. It took 4 months for me to get back a couple of Form 1s at the beginning of the year. The wait will be much longer by the time July comes.
300 Blackout Question
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