Title 13

PART 107 SUBPART I

Subpart I - SBA Financial Assistance for Licensees (Leverage)

• 15 U.S.C. 681, 683, 687(c), 687b, 687d, 687g, 687m.
• 61 FR 3189, Jan. 31, 1996, unless otherwise noted.

13:1.0.1.1.7.9.56	SUBJGRP 56	General Information About Obtaining Leverage
13:1.0.1.1.7.9.56.1	SECTION 107.1100	107.1100 Types of Leverage and application procedures.
13:1.0.1.1.7.9.56.2	SECTION 107.1120	107.1120 General eligibility requirements for Leverage.
13:1.0.1.1.7.9.56.3	SECTION 107.1130	107.1130 Leverage fees and additional charges payable by Licensee.
13:1.0.1.1.7.9.56.4	SECTION 107.1140	107.1140 Licensee's acceptance of SBA remedies under §§ 107.1800 through 107.1820.
13:1.0.1.1.7.9.57	SUBJGRP 57	Maximum Amount of Leverage for Which a Licensee Is Eligible
13:1.0.1.1.7.9.57.5	SECTION 107.1150	107.1150 Maximum amount of Leverage for a Section 301(c) Licensee.
13:1.0.1.1.7.9.57.6	SECTION 107.1160	107.1160 Maximum amount of Leverage for a Section 301(d) Licensee.
13:1.0.1.1.7.9.57.7	SECTION 107.1170	107.1170 Maximum amount of Participating Securities for any Licensee.
13:1.0.1.1.7.9.58	SUBJGRP 58	Special Rules for Leverage Issued by an Early Stage SBIC
13:1.0.1.1.7.9.58.8	SECTION 107.1180	107.1180 Required distributions to SBA by Early Stage SBICs.
13:1.0.1.1.7.9.58.9	SECTION 107.1181	107.1181 Interest reserve requirements for Early Stage SBICs.
13:1.0.1.1.7.9.58.10	SECTION 107.1182	107.1182 Valuation requirements for Early Stage SBICs based on Capital Impairment Percentage.
13:1.0.1.1.7.9.59	SUBJGRP 59	Conditional Commitments by SBA To Reserve Leverage for a Licensee
13:1.0.1.1.7.9.59.11	SECTION 107.1200	107.1200 SBA's Leverage commitment to a Licensee - application procedure, amount, and term.
13:1.0.1.1.7.9.59.12	SECTION 107.1210	107.1210 Payment of leverage fee upon receipt of commitment.
13:1.0.1.1.7.9.59.13	SECTION 107.1220	107.1220 Requirement for Licensee to file quarterly financial statements.
13:1.0.1.1.7.9.59.14	SECTION 107.1230	107.1230 Draw-downs by Licensee under SBA's Leverage commitment.
13:1.0.1.1.7.9.59.15	SECTION 107.1240	107.1240 Funding of Licensee's draw request through sale to short-term investor.
13:1.0.1.1.7.9.60	SUBJGRP 60	Preferred Securities Leverage - Section 301(d) Licensees
13:1.0.1.1.7.9.60.16	SECTION 107.1400	107.1400 Dividends or partnership distributions on 4 percent Preferred Securities.
13:1.0.1.1.7.9.60.17	SECTION 107.1410	107.1410 Requirement to redeem 4 percent Preferred Securities.
13:1.0.1.1.7.9.60.18	SECTION 107.1420	107.1420 Articles requirements for 4 percent Preferred Securities.
13:1.0.1.1.7.9.60.19	SECTION 107.1430	107.1430 Redeeming 4 percent Preferred Securities with proceeds of non-subsidized Debentures.
13:1.0.1.1.7.9.60.20	SECTION 107.1440	107.1440 Three percent preferred stock issued before November 21, 1989.
13:1.0.1.1.7.9.60.21	SECTION 107.1450	107.1450 Optional redemption of Preferred Securities.
13:1.0.1.1.7.9.61	SUBJGRP 61	Participating Securities Leverage
13:1.0.1.1.7.9.61.22	SECTION 107.1500	107.1500 General description of Participating Securities.
13:1.0.1.1.7.9.61.23	SECTION 107.1505	107.1505 Liquidity requirements for Licensees issuing Participating Securities.
13:1.0.1.1.7.9.61.24	SECTION 107.1510	107.1510 How a Licensee computes Earmarked Profit (Loss).
13:1.0.1.1.7.9.61.25	SECTION 107.1520	107.1520 How a Licensee computes and allocates Prioritized Payments to SBA.
13:1.0.1.1.7.9.61.26	SECTION 107.1530	107.1530 How a Licensee computes SBA's Profit Participation.
13:1.0.1.1.7.9.61.27	SECTION 107.1540	107.1540 Distributions by Licensee - Prioritized Payments and Adjustments.
13:1.0.1.1.7.9.61.28	SECTION 107.1550	107.1550 Distributions by Licensee - permitted “tax Distributions” to private investors and SBA.
13:1.0.1.1.7.9.61.29	SECTION 107.1560	107.1560 Distributions by Licensee - required Distributions to private investors and SBA.
13:1.0.1.1.7.9.61.30	SECTION 107.1570	107.1570 Distributions by Licensee - optional Distribution to private investors and SBA.
13:1.0.1.1.7.9.61.31	SECTION 107.1575	107.1575 Distributions on other than Payment Dates.
13:1.0.1.1.7.9.61.32	SECTION 107.1580	107.1580 Special rules for In-Kind Distributions by Licensees.
13:1.0.1.1.7.9.61.33	SECTION 107.1585	107.1585 Exchange of Debentures for Participating Securities.
13:1.0.1.1.7.9.61.34	SECTION 107.1590	107.1590 Special rules for companies licensed on or before March 31, 1993.
13:1.0.1.1.7.9.62	SUBJGRP 62	Funding Leverage by Use of SBA-Guaranteed Trust Certificates (“TCs”)
13:1.0.1.1.7.9.62.35	SECTION 107.1600	107.1600 SBA authority to issue and guarantee Trust Certificates.
13:1.0.1.1.7.9.62.36	SECTION 107.1610	107.1610 Effect of prepayment or early redemption of Leverage on a Trust Certificate.
13:1.0.1.1.7.9.62.37	SECTION 107.1620	107.1620 Functions of agents, including Central Registration Agent, Selling Agent and Fiscal Agent.
13:1.0.1.1.7.9.62.38	SECTION 107.1630	107.1630 SBA regulation of Brokers and Dealers and disclosure to purchasers of Leverage or Trust Certificates.
13:1.0.1.1.7.9.62.39	SECTION 107.1640	107.1640 SBA access to records of the CRA, Brokers, Dealers and Pool or Trust assemblers.
13:1.0.1.1.7.9.63	SUBJGRP 63	Miscellaneous
13:1.0.1.1.7.9.63.40	SECTION 107.1700	107.1700 Transfer by SBA of its interest in Licensee's Leverage security.
13:1.0.1.1.7.9.63.41	SECTION 107.1710	107.1710 SBA authority to collect or compromise its claims.
13:1.0.1.1.7.9.63.42	SECTION 107.1720	107.1720 Characteristics of SBA's guarantee.

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