Search Results for keywords:"license cancellation"

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Search Results: keywords:"license cancellation"

  • 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: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.