Search Results for keywords:"Thomas G. Morris"

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Search Results: keywords:"Thomas G. Morris"

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  • 2021-03877 — Surrender of License of Small Business Investment Company; Aldine SBIC Fund, L.P.
    Type:Notice
    Citation:86 FR 11570
    Reading Time:less than a minute

    The United States Small Business Administration (SBA) has announced that the license for Aldine SBIC Fund, L.P. to operate as a small business investment company is now null and void. This action is taken under the authority of the Small Business Investment Act of 1958 and relevant SBA regulations. The official declaration was made by Thomas G. Morris, Acting Associate Administrator and Director of the Office of SBIC Liquidation.

    Simple Explanation

    The Small Business Administration (SBA) has decided that Aldine SBIC Fund, L.P., which helps small businesses get money, can no longer do that job. This decision was made by a person in charge at the SBA, according to the rules.

  • 2021-03876 — Surrender of License of Small Business Investment Company; Patriot Capital II, L.P.
    Type:Notice
    Citation:86 FR 11570
    Reading Time:less than a minute

    The United States Small Business Administration (SBA) has declared that the license issued to Patriot Capital II, L.P. to operate as a small business investment company is now null and void. This decision is based on the authority granted under the Small Business Investment Act of 1958 and the corresponding regulations. The announcement was made by Thomas G. Morris, the Acting Associate Administrator and Director of the Office of SBIC Liquidation within the Office of Investment and Innovation.

    Simple Explanation

    The Small Business Administration (SBA) has said that Patriot Capital II, L.P. can no longer work as a special helper for small businesses because their permission has been canceled. This means they must stop doing the special job they were licensed for.

  • 2021-04138 — Northcreek Mezzanine Fund I, L.P.; Surrender of License of Small Business Investment Company
    Type:Notice
    Citation:86 FR 12066
    Reading Time:less than a minute

    The Small Business Administration (SBA) has nullified the license of Northcreek Mezzanine Fund I, L.P. to operate as a Small Business Investment Company (SBIC). This action was taken in accordance with the authority granted under the Small Business Investment Act of 1958 and specific SBA regulations. The decision was announced by Thomas G. Morris, who is the Acting Associate Administrator and Director of the Office of SBIC Liquidation. This effectively means that Northcreek Mezzanine Fund I, L.P. can no longer function as a licensed SBIC.

    Simple Explanation

    The Small Business Administration (SBA) has taken away the permission that Northcreek Mezzanine Fund I, L.P. had to help small businesses with money, so now they can't do that anymore.

  • 2021-03471 — Bayview Capital Partners II, L.P.; Surrender of License of Small Business Investment Company
    Type:Notice
    Citation:86 FR 10614
    Reading Time:less than a minute

    The United States Small Business Administration (SBA) has officially canceled the operating license of Bayview Capital Partners II, L.P., which functioned as a small business investment company. This decision was made under the authority of the SBA through the Small Business Investment Act of 1958 and specific regulations. The action means that the company no longer has the license to operate as a small business investment company. Thomas G. Morris, the Acting Associate Administrator, confirmed this cancellation.

    Simple Explanation

    The Small Business Administration (SBA) took back the license from Bayview Capital Partners II, L.P., so they can't help small businesses with special funding anymore. The notice doesn’t say why they did this or what happens next.