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Dorsey & Whitney LLP

SBIC Annual Recertification of Institutional Investor Unfunded Commitments

Dorsey & Whitney LLP on

The U.S. Small Business Administration (SBA) requires all licensed small business investment companies (SBICs) with outstanding Leverage, outstanding Leverage Commitments, or both, to annually recertify the collectability of...more

Troutman Pepper

SBA Reminds SBICs to Submit Their 2016 Annual Recertification

Troutman Pepper on

On June 2, the U.S. Small Business Administration (SBA) distributed a memorandum from Steve Knott, acting director of the SBA’s Office of SBIC Operations, reminding private funds licensed by the SBA as small business...more

Troutman Pepper

SBA Reminds SBICs to Submit Their 2015 Annual Recertification

Troutman Pepper on

New Capital Certificates or certification letters are to be submitted by filing deadlines associated with ranges based on unfunded commitments from Institutional Investors. On June 4, the U.S. Small Business...more

McGuireWoods LLP

SBA Releases SBIC Funds Limited Partners’ Recertification Notice

McGuireWoods LLP on

The United States Small Business Administration (SBA) released its annual recertification notice on June 4, 2015. Small Business Investment Company (SBIC) Funds with unfunded commitments from Institutional Investors must...more

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