13 CFR 107.1200 - SBA's Leverage commitment to a Licensee - application procedure, amount, and term.

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§ 107.1200 SBA's Leveragecommitment to a Licensee - application procedure, amount, and term.

(a)General. Under the provisions in §§ 107.1200 through 107.1240, you may apply for SBA's conditional commitment to reserve a specific amount and type of Leverage for your future use. You may then apply to draw down Leverage against the commitment.

(b)Applying for a Leverage commitment.SBA will notify you when it is accepting requests for Leverage commitments. Upon receipt of your request, SBA will send you a complete application package.

(c)Limitations on the amount of a Leverage commitment. The amount of a Leveragecommitment must be a multiple of $5,000.

(d)Term of Leverage commitment.SBA's Leveragecommitment will automatically lapse on the expiration date stated in the commitment letter issued to you by SBA.

[61 FR 3189, Jan. 31, 1996, as amended at 63 FR 5868, Feb. 5, 1998]

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

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United States Code
Statutes at Large

Title 13 published on 2015-10-16

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 13 CFR Part 107 after this date.

  • 2016-12-28; vol. 81 # 249 - Wednesday, December 28, 2016
    1. 81 FR 95419 - Small Business Investment Companies: Passive Business Expansion and Technical Clarifications
      GPO FDSys XML | Text
      SMALL BUSINESS ADMINISTRATION
      Final rule.
      This rule is effective January 27, 2017.
      13 CFR Part 107

Title 13 published on 2015-10-16.

The following are only the Rules published in the Federal Register after the published date of Title 13.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2016-12-28; vol. 81 # 249 - Wednesday, December 28, 2016
    1. 81 FR 95419 - Small Business Investment Companies: Passive Business Expansion and Technical Clarifications
      GPO FDSys: XML | Text
      SMALL BUSINESS ADMINISTRATION
      Final rule.
      This rule is effective January 27, 2017.
      13 CFR Part 107