[Federal Register Volume 67, Number 222 (Monday, November 18, 2002)]
[Notices]
[Pages 69592-69593]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-29166]


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SMALL BUSINESS ADMINISTRATION


Small Business Investment Companies; Increase in Maximum Leverage 
Ceiling

    13 CFR 107.1150(a) sets forth the maximum amount of Leverage (as 
defined in 13 CFR 107.50) that a Small Business Investment Company may 
have outstanding at any time. The maximum Leverage amounts are

[[Page 69593]]

adjusted annually based on the increase in the Consumer Price Index 
published by the Bureau of Labor Statistics. The cited regulation 
states that SBA will publish the indexed maximum Leverage amounts each 
year in a Notice in the Federal Register.
    Accordingly, effective the date of publication of this Notice, and 
until further notice, the maximum Leverage amounts under 13 CFR 
107.1150(a) are as stated in the following table:

------------------------------------------------------------------------
      If your leverage capital is:        Then your maximum leverage is:
------------------------------------------------------------------------
(1) Not over $18,900,000...............  300 percent of Leverageable
                                          Capital.
(2) Over $18,900,000 but not over        $56,700,000 + [2 x
 $37,800,000.                             (Leverageable Capital -
                                          $18,900,000)].
(3) Over $37,800,000 but not over        $94,500,000 + (Leverageable
 $56,700,000.                             Capital - $37,800,000).
(4) Over $56,700,000...................  $113,400,000.
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(Catalog of Federal Domestic Assistance Program No. 59.011, small 
business investment companies)

    Dated: November 4, 2002.
Jeffrey D. Pierson,
Associate Administrator for Investment.
[FR Doc. 02-29166 Filed 11-15-02; 8:45 am]
BILLING CODE 8025-01-P