Search Results for keywords:"Small Business Investment Companies"

Found 3 results

Search Results: keywords:"Small Business Investment Companies"

💰 Only
Oldest Newest
  • 2021-03679 — Reporting and Recordkeeping Requirements Under OMB Review
    Type:Notice
    Citation:86 FR 11042
    Reading Time:about a minute or two

    The Small Business Administration (SBA) is asking for approval from the Office of Management and Budget (OMB) to gather certain information from Small Business Investment Companies (SBICs). This is required under the Paperwork Reduction Act. The information helps evaluate the financial health and compliance of SBICs. The public has 30 days to comment on whether this information collection is necessary or burdensome. Interested parties can submit comments and find more details online.

    Simple Explanation

    The Small Business Administration wants permission to ask small companies some questions to check how they're doing financially. They want to know if asking these questions is a good idea or too much work, and they are inviting people to share their thoughts about it.

  • 2025-01804 — Plexus Fund III, L.P., Plexus Fund QP III, L.P.; Surrender of License of Small Business Investment Companies
    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.

  • 2025-00864 — Transfer of Responsibility
    Type:Notice
    Citation:90 FR 4827
    Reading Time:about a minute or two

    The U.S. Small Business Administration (SBA) announced that the responsibilities for licensing Small Business Investment Companies have been shifted. These duties were previously handled by the Agency Licensing Committee, but now, the Chief Financial Officer, Chief Operating Officer, and Chief of Staff will take over these responsibilities through the agency's internal process. This change was formalized by the SBA Administrator, Isabella Casillas Guzman.

    Simple Explanation

    The people in charge of checking if small companies can get a special license used to be a group called the Agency Licensing Committee. Now, three important people at the Small Business Administration are taking over this job, and the change was decided by the big boss there.