New York Credit SBIC Fund L.P.; Surrender of License of Small Business Investment Company
Published Date: 1/8/2025
Notice
Summary
New York Credit SBIC Fund L.P. has officially given up its license to operate as a Small Business Investment Company. This means they won’t be making new investments under this program anymore. If you’re a small business or investor connected to them, this change is effective immediately and could affect future funding opportunities.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
New York Credit SBIC License Surrendered
The Small Business Administration declared the Small Business Investment Company license No. 03/03-0265 issued to New York Credit SBIC Fund L.P. null and void. That means New York Credit SBIC Fund L.P. may no longer function as an SBIC under that license, and small businesses or investors connected to that fund may see changes to future funding opportunities. The notice appeared in the Federal Register on January 8, 2025.
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