The U.S. Small Business Administration (the "SBA") has announced that licensing and examination fees charged to a Small Business Investment Company ("SBIC") or SBIC license applicant will be increased in accordance with the annual inflation adjustment required under SBIC regulations.

Effective October 1, 2022, the new fees will be as follows:

If you have questions regarding SBIC licensing, SBIC examinations, or the SBIC program in general, please contact your SBIC counsel at Winston & Strawn LLP.