---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-059910"
form_type: "8-K"
ticker: "SAR"
cik: "0001377936"
company_name: "SARATOGA INVESTMENT CORP."
filed_at: "2022-09-29T23:59:59+00:00"
generated_at: "2026-06-23T06:39:35.588876+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Saratoga Investment receives third SBIC license from SBA for up to $175M in debentures

## Summary
- Third SBIC license approved by SBA, providing up to $175 million in additional long-term capital via SBA-guaranteed debentures.
- Combined SBIC leverage capacity capped at $350 million outstanding with at least $175 million in combined regulatory capital.
- CEO Christian L. Oberbeck comments on expanding SBA relationship and deploying capital to small businesses.
- The new license enables Saratoga to access cost-effective financing for its BDC capital structure.

## SEC filing metadata
- accession: 0001213900-22-059910
- form_type: 8-K
- ticker: SAR
- cik: 0001377936
- company_name: SARATOGA INVESTMENT CORP.
- filed_at: 2022-09-29T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1377936/000121390022059910/0001213900-22-059910-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1377936/000121390022059910/ea166412-8k_saratoga.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-059910
- JSON: https://secwatch.observer/filing/0001213900-22-059910.json
- Plain text: https://secwatch.observer/filing/0001213900-22-059910.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.