Biden-Harris Administration to Establish Reforms to Transform Public-Private Investment Program
… Guzman announced the U.S. Small Business Administration (SBA) finalized a rule to modernize the Small Business … SBICs will be eligible for 1.25x tiers of leverage. The SBA will not participate in the profits of Accrual SBICs. The SBICs will pay SBA accrued interest and principal upon distribution event. …