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Applications SBIC

Foley Hoag LLP

SBA Simplifies Filings Requirements for SBIC Applicants

Foley Hoag LLP on

On September 17, 2019, the Licensing Department of the Investment Division of the U.S. Small Business Administration (“SBA”) announced that, effective immediately, all license applications should be submitted electronically...more

McGuireWoods LLP

SBA Increases Administrative Fees

McGuireWoods LLP on

On Nov. 13, 2017, the Small Business Administration (SBA) published a new final rule that will increase licensing and examination fees for small business investment company (SBIC) applicants. This is the first time the SBA...more

Troutman Pepper

SBA Proposes Updates and Improvements to Early Stage SBIC Program

Troutman Pepper on

The proposed rule reflects SBA’s intent to continue licensing and providing SBA-guaranteed leverage to Early Stage SBICs beyond the initial five-year term previously announced. On September 19, the U.S. Small Business...more

Troutman Pepper

SBA Issues Call for Early Stage Managers

Troutman Pepper on

SBA will generally evaluate applicants for Early Stage SBIC licenses using the same factors used for other SBIC applicants, but with a particular emphasis on the managers’ skills and experience in investing in early stage...more

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