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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 13 - Business Credit and Assistance |
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Chapter I - Small Business Administration |
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Part 108 - New Markets Venture Capital (“NMVC”) Program |
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Subpart N - Requirements and Procedures for Operational Assistance Grants to NMVC Companies and SSBICs |
§ 108.2003 - Grant issuance fee for SSBICs.
Latest version.
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§ 108.2003 Grant issuance fee for SSBICs.
An SSBIC must pay to SBA a grant issuance fee of $5,000. An SSBIC must submit this fee in advance, at the time of application submission. If SBA does not award a grant to the SSBIC, SBA will refund this fee to the SSBIC.
[67 FR 68503, Nov. 12, 2002]