[Federal Register Volume 68, Number 211 (Friday, October 31, 2003)]
[Notices]
[Pages 62157-62158]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-27418]


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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 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:

------------------------------------------------------------------------
                                             Then your maximum leverage
     If your leverageable capital is:                    is:
------------------------------------------------------------------------
(1) Not over $19,300,000..................  300 percent of Leverageable
                                             Capital
(2) Over $19,300,000 but not over           $57,900,000 + [2 x
 $38,700,000.                                (Leverageable Capital -
                                             $19,300,000)]
(3) Over $38,700,000 but not over           $96,700,000 + (Leverageable
 $58,000,000.                                Capital - $38,700,000)
(4) Over $58,000,000......................  $116,000,000
------------------------------------------------------------------------


(Catalog of Federal Domestic Assistance Program No. 59.011, small 
business investment companies)


[[Page 62158]]


    Dated: October 26, 2003.
Jeffrey D. Pierson,
Associate Administrator for Investment.
[FR Doc. 03-27418 Filed 10-30-03; 8:45 am]
BILLING CODE 8025-01-P