NSight

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As of 10 Oct 2026 · demonstration dates

Portfolio reports show the current active book. Closed and archived borrowers, including their history, are available in All Borrowers.

Covenant Monitor

Covenant results for Q3 2026 — calculated compliance, borrower reports and review state shown separately

ScopeNSNS SBIC FundShow whole portfolio

QuarterQ3 2026

NSNS SBIC Fund · Q3 2026 · entire fund values

Known cost: $107,253,250.00; 0 missing
Reported SBA: $95,600,000.00; 0 missing
Reported GAAP: $100,400,000.00; 0 missing
Computed SBA depreciation: $11,653,250.00; 0 missing

10 positionsMarks 10/10Structured financial statements 10/10Structured covenant calculations verified 0/10

10 positions have covenant definitions or results. Missing inputs are excluded from totals; reported zeros are included.

Breaches

Tight (within 10%)

Passing

Scheduled

Not Tested

4/22

Calculation verified

Needs review

Selected quarter — 22 covenants

Company	Covenant	Actual	Threshold	Cushion	Status	Reported	Reconciliation	Review	Evidence
BluePeak Healthcare Solutions	Total Leverage	4.31x	≤ 5x	13.8%	Pass	4.31x	Not independently verified	Not reviewed	View basis and notes for BluePeak Healthcare Solutions Total Leverage Supplied actual · Retained supplied comparison; not independently verified
BluePeak Healthcare Solutions	Interest Coverage	1.61x	≥ 1.4x	15.0%	Pass	1.61x	Not independently verified	Not reviewed	View basis and notes for BluePeak Healthcare Solutions Interest Coverage Supplied actual · Retained supplied comparison; not independently verified
BluePeak Healthcare Solutions	Minimum LTM EBITDA ($M)	$22.4976M	≥ $21M	7.1%	Tight	$22.4976M	Not independently verified	Not reviewed	View basis and notes for BluePeak Healthcare Solutions Minimum LTM EBITDA ($M) Supplied actual · Retained supplied comparison; not independently verified
Brakeholt Engineered Products Co.	Fixed charge coverage	Unavailable	≥ 1.50x	—	Not tested	1.60x	Unable to verify	Acknowledged	View basis and notes for Brakeholt Engineered Products Co. Fixed charge coverage Contractual calculation — retained evidence · 2026-Q3 requires explicit support for scheduled_principal category scheduled_principal, including zero or a reviewed exclusion.
Brakeholt Engineered Products Co.	Interest coverage	2.30x	≥ 2.25x	2.2%	Tight	2.30x	Matched	Not reviewed	View basis and notes for Brakeholt Engineered Products Co. Interest coverage Contractual calculation — retained evidence
Brakeholt Engineered Products Co.	Minimum LTM EBITDA	$9.2M	≥ $9.50M	-3.2%	Breach	$9.2M	Matched	Not reviewed	View basis and notes for Brakeholt Engineered Products Co. Minimum LTM EBITDA Contractual calculation — retained evidence
Brakeholt Engineered Products Co.	Senior leverage	3.00x	≤ 3.50x	14.3%	Pass	3.00x	Matched	Not reviewed	View basis and notes for Brakeholt Engineered Products Co. Senior leverage Contractual calculation — retained evidence
Brakeholt Engineered Products Co.	Total leverage	4.50x	≤ 4.00x	-12.5%	Breach	4.20x	Mismatch	Acknowledged	View basis and notes for Brakeholt Engineered Products Co. Total leverage Contractual calculation — retained evidence
Grainmoor Food Distribution	Total Leverage	4.00x	≤ 3.5x	-14.3%	Breach	4x	Not independently verified	Not reviewed	View basis and notes for Grainmoor Food Distribution Total Leverage Supplied actual · Retained supplied comparison; not independently verified
Grainmoor Food Distribution	Interest Coverage	2.41x	≥ 2.5x	-3.6%	Breach	2.41x	Not independently verified	Not reviewed	View basis and notes for Grainmoor Food Distribution Interest Coverage Supplied actual · Retained supplied comparison; not independently verified
Grainmoor Food Distribution	Minimum LTM EBITDA ($M)	$16.586M	≥ $22M	-24.6%	Breach	$16.586M	Not independently verified	Not reviewed	View basis and notes for Grainmoor Food Distribution Minimum LTM EBITDA ($M) Supplied actual · Retained supplied comparison; not independently verified
Havenmark Logistics Group	Total Leverage	6.11x	≤ 4.5x	-35.8%	Breach	6.11x	Not independently verified	Not reviewed	View basis and notes for Havenmark Logistics Group Total Leverage Supplied actual · Retained supplied comparison; not independently verified
Havenmark Logistics Group	Interest Coverage	1.47x	≥ 1.84x	-20.1%	Breach	1.47x	Not independently verified	Not reviewed	View basis and notes for Havenmark Logistics Group Interest Coverage Supplied actual · Retained supplied comparison; not independently verified
Havenmark Logistics Group	Minimum LTM EBITDA ($M)	$15.9198M	≥ $26M	-38.8%	Breach	$15.9198M	Not independently verified	Not reviewed	View basis and notes for Havenmark Logistics Group Minimum LTM EBITDA ($M) Supplied actual · Retained supplied comparison; not independently verified
Kilnbrace Specialty Products	Total Leverage	3.96x	≤ 4x	1.0%	Tight	3.96x	Not independently verified	Not reviewed	View basis and notes for Kilnbrace Specialty Products Total Leverage Supplied actual · Retained supplied comparison; not independently verified
Kilnbrace Specialty Products	Interest Coverage	2.58x	≥ 2.5x	3.2%	Tight	2.58x	Not independently verified	Not reviewed	View basis and notes for Kilnbrace Specialty Products Interest Coverage Supplied actual · Retained supplied comparison; not independently verified
Meridian Industrial Services	Total Leverage	3.11x	≤ 4x	22.3%	Pass	3.11x	Not independently verified	Not reviewed	View basis and notes for Meridian Industrial Services Total Leverage Supplied actual · Retained supplied comparison; not independently verified
Meridian Industrial Services	Interest Coverage	3.11x	≥ 2.4x	29.6%	Pass	3.11x	Not independently verified	Not reviewed	View basis and notes for Meridian Industrial Services Interest Coverage Supplied actual · Retained supplied comparison; not independently verified
Meridian Industrial Services	Minimum LTM EBITDA ($M)	$35.385M	≥ $28M	26.4%	Pass	$35.385M	Not independently verified	Not reviewed	View basis and notes for Meridian Industrial Services Minimum LTM EBITDA ($M) Supplied actual · Retained supplied comparison; not independently verified
Summit Software Holdings	Total Leverage	3.43x	≤ 5.5x	37.6%	Pass	3.43x	Not independently verified	Not reviewed	View basis and notes for Summit Software Holdings Total Leverage Supplied actual · Retained supplied comparison; not independently verified
Summit Software Holdings	Interest Coverage	2.46x	≥ 1.76x	39.8%	Pass	2.46x	Not independently verified	Not reviewed	View basis and notes for Summit Software Holdings Interest Coverage Supplied actual · Retained supplied comparison; not independently verified
Summit Software Holdings	Minimum LTM Revenue ($M)	$64.244M	≥ $48M	33.8%	Pass	$64.244M	Not independently verified	Not reviewed	View basis and notes for Summit Software Holdings Minimum LTM Revenue ($M) Supplied actual · Retained supplied comparison; not independently verified