The license application must be submitted on SBA Form 415 together with a processing fee computed as follows:
(a)
All license applicants will pay a base fee of $10,000.
(b)
All applicants who will be Partnership Licensees will pay an additional $5,000 fee, for a total of $15,000.
(c)
All applicants who will be issuing Participating Securities will pay an additional $5,000 fee, for a total of $15,000, or a total fee of $20,000 if they also intend to be Partnership Licensees.