Draft TechNote 7b
… Expenses For Leveraged SBICs. SBA drafted TechNote 7b to (a) clarify SBA’s interpretation of existing regulations and … Expenses through the approval of its LPA. TechNote 7 and 7a identified the maximum allowable management fee SBA … an Associate. Use of Management Fees (C.5). Both TechNote 7 and 7a stated that management fees must be used solely for …