96-8421. Notice of Issuance of a Small Business Investment Company License

[Federal Register Volume 61, Number 67 (Friday, April 5, 1996)]
[Notices]
[Page 15331]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-8421]



-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION
[License No. 09/09-0405]


Notice of Issuance of a Small Business Investment Company License

    On January 26, 1996, a notice was published in the Federal Register 
(61 FR 2564) stating that an application had been filed by Wells Fargo 
Small Business Investment Company, Inc., One Montgomery Street, West 
Tower, Suite 2530, San Francisco, California 94104, with the Small 
Business Administration (SBA) pursuant to Section 107.102 of the 
Regulations governing small business investment companies (13 CFR 
107.102 (1995)) for a license to operate as a small business investment 
company.
    Interested parties were given until close of business February 10, 
1996 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. 
09/09-0405 on March 12, 1996, to Wells Fargo Small Business Investment 
Company, Inc. to operate as a small business investment company.
    The Licensee has initial private capital of $5 million, and Mr. 
Richard R. Green will manage the fund. The capital of the Licensee is 
owned initially by Wells Fargo Equity Capital, Inc. With the exception 
of this entity, no one investor is expected to own more than 10% of the 
equity ownership.

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

    Dated: March 18, 1996.
Don A. Christensen,
Associate Administrator for Investment.
[FR Doc. 96-8421 Filed 4-4-96; 8:45 am]
BILLING CODE 8025-01-P