94-25226. Notice of Issuance of a Small Business Investment Company License

[Federal Register Volume 59, Number 196 (Wednesday, October 12, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-25226]


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[Federal Register: October 12, 1994]


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SMALL BUSINESS ADMINISTRATION

[License No. 02/02-0553]

 

Notice of Issuance of a Small Business Investment Company License

    On August 16, 1994, a notice was published in the Federal Register 
(59 FR 42099) stating that an application had been filed by Needham 
Capital SBIC, L.P., New York, New York, with the Small Business 
Administration (SBA) pursuant to Sec. 107.102 of the Regulations 
governing small business investment companies (13 CFR 107.102 (1994)) 
for a license to operate as a small business investment company.
    Interested parties were given until close of business on August 31, 
1994 to submit their comments to SBA. No comments were received. Notice 
is hereby given that, pursuant to section 301(c) of the Small Business 
Investment Act of 1958, as amended, after having considered the 
application and all other pertinent information, SBA issued License No. 
02/02-0553 on September 19, 1994, to Needham Capital SBIC, L.P. to 
operate as a small business investment company.
    The Licensee will have initial private capital of $2.5 million and 
has commitments for additional capital which are expected to reflect 
total capital of $7.5 million when fully invested. The Licensee will be 
owned by Needham Capital Partners, L.P., which in turn is owned by 
Needham and Company and 66 limited partners.

(Catalog of Federal Domestic Assistance Program No. 59.011, Small 
Business Investment Companies)

    Dated: September 30, 1994.
Robert D. Stillman,
Associate Administrator for Investment
[FR Doc. 94-25226 Filed 10-11-94; 8:45 am]
BILLING CODE 8025-01-M