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Monroe Capital subsidiary cleared for additional Small Business Administration debentures

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Monroe Capital subsidiary cleared for additional Small Business Administration debentures

Monroe CapitalCorp. subsidiary Monroe Capital Corp. SBIC LP has been approved toreceive $75 million in additional debentures from the U.S. Small BusinessAdministration.

The maximum amount of debentures available to a family offunds was increased to $350 million from $225 million through the 2016 omnibusspending bill signed into law in December 2015.