Search Results for citation:"90 FR 13973"

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Search Results: citation:"90 FR 13973"

  • Type:Notice
    Citation:90 FR 13973
    Reading Time:less than a minute

    The United States Small Business Administration announced that the license previously granted to Silver Lake Waterman Fund II, L.P. to operate as a small business investment company is now null and void. This action is in accordance with the Small Business Investment Act of 1958 and relevant federal regulations. As a result, Silver Lake Waterman Fund II, L.P. is no longer authorized to function under this license.

    Simple Explanation

    The U.S. Small Business Administration says that Silver Lake Waterman Fund II, L.P. can no longer work as a special company helping small businesses because it gave up its special permission to do so.

  • Type:Notice
    Citation:90 FR 13973
    Reading Time:about a minute or two

    The U.S. Small Business Administration announced a notice of a major disaster declaration by the President for the State of Oklahoma. This declaration, issued on March 18, 2025, is for public assistance only and pertains to the severe storms, straight-line winds, tornadoes, and flooding that occurred from November 2 to November 5, 2024. Non-profit organizations that provide essential services can apply for disaster loans using the MySBA Loan Portal. The affected counties include Adair, Garvin, Jefferson, Lincoln, Okfuskee, Oklahoma, Stephens, and Washita, with application deadlines for physical damage set for May 19, 2025, and economic injury for December 18, 2025.

    Simple Explanation

    The President said Oklahoma needs help because of bad weather like storms and floods. Special funds are available for fixing things, and some organizations can borrow money to help out, but it's unclear exactly how much money there is or how to apply without the internet.

  • Type:Notice
    Citation:90 FR 13973
    Reading Time:about a minute or two

    LCM Healthcare Fund I, L.P., located in Dallas, Texas, is a federal licensee under the Small Business Investment Act seeking an exemption from the U.S. Small Business Administration (SBA). The exemption is requested for a proposed equity financing deal with Northwest Surgical Development Company, Inc., which is considered a conflict of interest as it does not meet specific terms and conditions required by SBA regulations. The SBA is asking for public comments on this transaction within fifteen days of the notice's publication. Thomas Morris from the SBA is in charge of this matter.

    Simple Explanation

    LCM Healthcare Fund wants to get special permission from the government to do a money deal with another company, even though the usual rules say it's a conflict. People have 15 days to say if they think this is okay or not.