94-26425. Maine Capital Partners, L.P.; Notice of Issuance of a Small Business Investment Company License

[Federal Register Volume 59, Number 205 (Tuesday, October 25, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-26425]


[[Page Unknown]]

[Federal Register: October 25, 1994]


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SMALL BUSINESS ADMINISTRATION
[License No. 01/01-0359]

 

Maine Capital Partners, L.P.; Notice of Issuance of a Small 
Business Investment Company License

    On April 4, 1994, a notice was published in the Federal Register 
(59 FR 15762) stating that an application had been filed by Maine 
Capital Partners, L.P., 70 Center Street, Portland, Maine 04101 with 
the Small Business Administration (SBA) pursuant to Section 107.102 of 
the Regulations governing small business investment companies (13 CFR 
107.102 (1993)) for a license to operate as a small business investment 
company.
    Interested parties were given until close of business May 4, 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. 
01/01-0359 on September 19, 1994, to Maine Capital Partners, L.P. to 
operate as a small business investment company.
    The Licensee has initial private capital of $5,380,000, and Mr. 
David M. Coit will manage the fund. Fleet Bank owns approximately 22 
percent of the stock of the Licensee. The remaining stock is owned by 
five banks which operate in the New England region and three individual 
investors.

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

    Dated: October 18, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-26425 Filed 10-24-94; 8:45 am]
BILLING CODE 8025-01-M