SMALL BUSINESS ADMINISTRATION ISSUES RULE: SMALL BUSINESS INVESTMENT COMPANY (SBIC) ACCRUAL REGULATORY AMENDMENTS

WASHINGTON, Dec. 5 -- Small Business Administration has issued a rule called: Small Business Investment Company (SBIC) Accrual Regulatory Amendments.

The rule was published in the Federal Register on Dec. 5 by Kelly Loeffler, Administrator.

Summary: The U.S. Small Business Administration ("SBA" or "Agency") is publishing this direct final rule (DFR) to modify regulations to provide for a clarification in the Annual Charges assessed for Leverage between SBIC licenses and Accrual SBIC licenses.

For more information, contact Policy:Joshua Carter, Associate Administrator of the Office of Investment and Innovation, U.S. Small Business Administration, [e-mail], 202-205-7159. This phone number may also be reached by individuals who ar...