[Federal Register Volume 60, Number 113 (Tuesday, June 13, 1995)]
[Notices]
[Page 31179]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-14444]
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SMALL BUSINESS ADMINISTRATION
[Application No. 99000160]
Blue Ridge Investors Limited Partnership; Notice of Filing of an
Application for a License to Operate as a Small Business Investment
Company
Notice is hereby given of the filing of an application with the
Small Business Administration (SBA) pursuant to Sec. 107.102 of the
regulations governing small business investment companies (13 CFR
107.102 (1994)) by Blue Ridge Investors Limited Partnership, 300 N.
Greene Street, Suite 2100, Greensboro, North Carolina 27401, for a
license to operate as a small business investment company (SBIC) under
the Small Business Investment Act of 1958, as amended (15 U.S.C. 661 et
seq.), and the rules and regulations promulgated thereunder. Blue Ridge
Investors Limited Partnership is a limited partnership formed under
North Carolina law. The applicant will be managed by its General
Partner, Blue Ridge Investors Group, Inc., and Blue Ridge Management
Co., Inc. (the ``Management Company''). Edward K. Crawford, F. James
Becher, Jr., Edward C. McCarthy and Russell R. Myers are the principals
of the Management Company. No individual or entity owns more than 10
percent of the proposed SBIC.
The applicant will begin operations with capitalization in excess
of $3.5 million and will be a source of equity and debt financings for
qualified small business concerns. The applicant will focus its
investments in the Southeastern United States.
Matters involved in SBA's consideration of the application include
the general business reputation and character of the proposed owners
and management, and the probability of successful operations of the new
company under their management, including profitability and financial
soundness in accordance with the Act and Regulations.
Notice is hereby given that any person may, not later than 15 days
from the date of publication of this Notice, submit written comments on
the proposed SBIC to the Associate Administrator for Investment, Small
Business Administration, 409 3rd Street, SW., Washington, DC 20416.
A copy of this Notice will be published in a newspaper of general
circulation in Greensboro, North Carolina.
(Catalog of Federal Domestic Assistance Programs No. 59.011, Small
Business Investment Companies)
Dated: June 6, 1995.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 95-14444 Filed 6-12-95; 8:45 am]
BILLING CODE 8025-01-M