Search Results for keywords:"Small Business Investment Act of 1958"

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Search Results: keywords:"Small Business Investment Act of 1958"

  • Type:Notice
    Citation:90 FR 2059
    Reading Time:less than a minute

    The United States Small Business Administration (SBA) announced that it has canceled the license for LongueVue Capital Partners II, LP to operate as a small business investment company. This decision was made under the authority granted by the Small Business Investment Act of 1958 and relevant federal regulations. Thomas Morris, the Director of Patient Capital Investments at the SBA, issued this notice.

    Simple Explanation

    The government took away a special business permission from a company called LongueVue Capital Partners II, LP, which means they can't work as a small business helper anymore. They didn't say why, and people might be worried about what this means for them.

  • 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: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.

  • Type:Notice
    Citation:90 FR 8316
    Reading Time:less than a minute

    The United States Small Business Administration (SBA) has declared the licenses of Plexus Fund III, L.P. and Plexus Fund QP III, L.P. to operate as small business investment companies to be null and void. This decision was made under the authority of the Small Business Investment Act of 1958 and relevant federal regulations. Thomas Morris, the Director of Patient Capital Investments, is the official who announced this action on behalf of the SBA.

    Simple Explanation

    The government has taken back the permission for Plexus Fund III, L.P. and Plexus Fund QP III, L.P. to help small businesses grow with money, and it's not clear why or what happens next.

  • 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.

  • 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:90 FR 1587
    Reading Time:less than a minute

    The Small Business Administration (SBA) has officially nullified the small business investment company license previously issued to Brookside Mezzanine Fund II, L.P. This action follows the authority provided under section 309 of the Small Business Investment Act of 1958 and specific federal regulations. As a result, Brookside Mezzanine Fund II, L.P. will no longer function under the SBA's small business investment company framework.

    Simple Explanation

    The Small Business Administration (SBA) took back a special permission from a company called Brookside Mezzanine Fund II, L.P., which means this company can no longer use that special permission to help small businesses through the SBA.

  • Type:Notice
    Citation:90 FR 14174
    Reading Time:less than a minute

    The U.S. Small Business Administration (SBA) published a notice in the Federal Register about the issuance of licenses for Small Business Investment Companies (SBICs). These licenses are granted under the authority of the Small Business Investment Act of 1958, which has been amended over time. The notice, effective August 17, 2023, fulfills a legal requirement to publicly list the names of the SBICs, along with their licensure date and total intended leverage commitments. This information provides transparency about the companies that received support through this program.

    Simple Explanation

    The U.S. Small Business Administration is giving out special permissions called licenses to certain companies that help small businesses grow, but the notice about this doesn't say which companies got these licenses or how much help they will get. They're sharing this information to make sure everybody knows about it, even though some details are missing.

  • Type:Notice
    Citation:90 FR 15380
    Reading Time:less than a minute

    The U.S. Small Business Administration (SBA) has announced that the license for KLH Capital Fund III, L.P. to operate as a small business investment company is now considered null and void. This action is based on the authority provided by Section 309 of the Small Business Investment Act of 1958 and the related federal regulations. Paul Salgado, the Director of Investment Portfolio Management at the SBA, made this decision official.

    Simple Explanation

    The Small Business Administration (SBA) has decided that KLH Capital Fund III, L.P. can no longer be a special helper to small businesses, like a superhero who is no longer allowed to help save the day.

  • Type:Notice
    Citation:90 FR 3985
    Reading Time:less than a minute

    The U.S. Small Business Administration (SBA) has announced the issuance of licenses for Small Business Investment Companies (SBIC) based on the authority granted by the Small Business Investment Act of 1958. This notice fulfills the requirement to publish the names, licensure dates, and Total Intended Leverage Commitments of SBICs in the Federal Register. The announcement appeared in the Federal Register on January 15, 2025, under the document number 2025-00759.

    Simple Explanation

    The U.S. Small Business Administration (SBA) is letting everyone know that they have given out special permissions, like getting a special badge, to certain companies so they can help small businesses get money to grow. They announced this in an official place where they share important news, but they didn't say exactly who got these badges or how much help they'll be giving, which keeps some details a bit of a secret.

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