Protect America Inc: Updated Company File

With Stellus Capital’s (SCM) IIIQ 2020 results just published , we have updated security company Protect America Inc.’s Company File, and added to the BDC Credit Reporter’s credit commentary. Spoiler alert: No progress here and odds look good that the BDC will eventually have to write off all its second lien debt position. The rating is CCR 5 and has been for multiple quarters.