Search Results for keywords:"investment company license"

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Search Results: keywords:"investment company license"

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  • 2025-00134 — New York Credit SBIC Fund L.P.; Surrender of License of Small Business Investment Company
    Type:Notice
    Citation:90 FR 1587
    Reading Time:less than a minute

    The United States Small Business Administration (SBA) has voided the license of the New York Credit SBIC Fund L.P. This action was taken under the authority of section 309 of the Small Business Investment Act of 1958 and the regulations in 13 CFR 107.1900. The license, numbered 03/03-0265, allowed the Fund to function as a small business investment company. This decision means the New York Credit SBIC Fund L.P. can no longer operate under that license.

    Simple Explanation

    The Small Business Administration (SBA) has taken away a special permission from the New York Credit SBIC Fund L.P., so they can no longer work as a small business helper. This happened because they didn't meet the rules needed to keep their permission, called a license.

  • 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.

  • 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.