Search Results for citation:"89 FR 96702"

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Search Results: citation:"89 FR 96702"

  • Type:Notice
    Citation:89 FR 96702
    Reading Time:less than a minute

    The U.S. Small Business Administration (SBA) has issued a notice of Small Business Investment Company (SBIC) licenses under the authority of the Small Business Investment Act of 1958. This action is in line with the requirement to publish the information in the Federal Register. The notice includes the names of the SBICs that received licenses and their Total Intended Leverage Commitments as of a specific date. This procedure is part of the SBA's efforts to support small businesses through investment company programs.

    Simple Explanation

    The U.S. Small Business Administration is letting people know that they've given some special licenses to companies that help small businesses grow with money. However, they didn't share exactly who got these licenses or how much money is involved.

  • Type:Notice
    Citation:89 FR 96702
    Reading Time:about a minute or two

    The U.S. Small Business Administration announced a major disaster declaration solely for Public Assistance to help the Commonwealth of Kentucky, following the remnants of Hurricane Helene. This disaster declaration allows private non-profit organizations in affected Kentucky counties to apply for disaster loans online. The declaration was issued on November 26, 2024, covering an incident period from September 27, 2024, to September 30, 2024. Loan application deadlines are set for January 27, 2025, for physical loans, and August 26, 2025, for economic injury loans.

    Simple Explanation

    The president said that communities in Kentucky can get help through loans because a big storm caused damage. People who run charity groups can now apply for these loans to fix things up.