13 CFR 108.2004 - Contents of application submitted by SSBICs.

Regulations last checked for updates: Oct 17, 2024

Title 13 - Business Credit and Assistance last revised: Oct 01, 2024

View all text of Subpart N [§ 108.2000 - § 108.2040]

§ 108.2004 - Contents of application submitted by SSBICs.

Each application submitted by an SSBIC for an Operational Assistance grant must contain the information specified in the application packet provided by SBA, including the following information:

(a) Amounts. An SSBIC must specify the amount of Regulatory Capital it intends to raise after December 21, 2000, and the amount of Operational Assistance grant funds it seeks from SBA, which must be at least 30 percent of its intended increase in its Regulatory Capital since December 21, 2000.

(b) Plan. An SSBIC must submit a plan addressing the specific items described in § 108.2005.

[67 FR 68503, Nov. 12, 2002]

authority: 15 U.S.C. 689-689q.

source: 66 FR 28609, May 23, 2001, unless otherwise noted.

cite as: 13 CFR 108.2004