ARTICLE
6 September 2021

SBA Institutes Inflation Adjustments To SBIC Program Fees

FH
Foley Hoag LLP

Contributor

Foley Hoag provides innovative, strategic legal services to public, private and government clients. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and private funds fields, and in cross-border disputes. The diverse experiences of our lawyers contribute to the exceptional senior-level service we deliver to clients.
The new fees, set forth in the table below, will go into effect on October 1, 2021.
United States Finance and Banking
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The U.S. Small Business Administration has announced increases to licensing and examination fees relating to the Small Business Investment Company program by way of an annual inflation adjustment. The new fees, set forth in the table below, will go into effect on October 1, 2021. All SBIC licensees undergoing examination, and groups submitting applications for SBIC licenses, should be certain to submit payments in accordance with the updated fee schedule from and after the October 1 effective date. 

Licensing Fees (§ 107.300)

Initial Licensing Fee § 107.300(a)

$10,500

Final Licensing Fee § 107.300(b)

$36,900

Examination Fees (§ 107.692(b))

Minimum Base Fee

$9,500

Maximum Base Fee for Non-Leveraged SBIC

$31,600

Maximum Base Fee for Leveraged SBIC

$46,400


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ARTICLE
6 September 2021

SBA Institutes Inflation Adjustments To SBIC Program Fees

United States Finance and Banking

Contributor

Foley Hoag provides innovative, strategic legal services to public, private and government clients. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and private funds fields, and in cross-border disputes. The diverse experiences of our lawyers contribute to the exceptional senior-level service we deliver to clients.
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