{"data":{"id":"us/13-cfr-107.140","jurisdiction":"us","citation":"13 CFR 107.140","heading":"SBA approval of initial Management Expenses.","body":"If you plan to obtain Leverage, you must have your Management Expenses approved by SBA at the time of licensing. (See § 107.520 for the definition of Management Expenses.)","path":["Title 13—Business Credit and Assistance","CHAPTER I—SMALL BUSINESS ADMINISTRATION","PART 107—SMALL BUSINESS INVESTMENT COMPANIES","Subpart C—Qualifying for an SBIC License"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-13.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:18Z","sha256":"929e5f1af78f781ef53ad527b7f754bafb045f92be8d6c577564df24ea80e8b7","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-107.130","next":"us/13-cfr-107.150"},"notice":"GroundRules: Original legal text. Not legal advice."}