Small Business Funds Quietly Surrender Their Investment Licenses
Published Date: 1/28/2025
Notice
Summary
Plexus Fund III, L.P. and Plexus Fund QP III, L.P. have officially given up their licenses to operate as Small Business Investment Companies. This means they won’t be making new investments under these licenses anymore. The change is effective immediately, signaling a shift in how these funds will support small businesses going forward.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Plexus Funds Surrender SBIC Licenses
Plexus Fund III, L.P. (License No. 04/04-0324) and Plexus Fund QP III, L.P. (License No. 04/04-0325) have surrendered their Small Business Investment Company (SBIC) licenses, which were declared null and void effective January 27, 2025. These two funds will not make new investments under those SBIC licenses anymore.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2025-02741, HUBZone Program Updates and Clarifications, and Clarifications to Other Small Business Programs; Correction
The SBA fixed some small but important mistakes in its recent HUBZone and small business program rules to make things clearer and fairer. These corrections affect small businesses using HUBZone and other SBA programs, especially around size protests and financial reporting. The fixes take effect on February 18, 2025, helping businesses avoid confusion and unnecessary paperwork.
2026-20667, Presidential Declaration Amendment of a Major Disaster for the State of West Virginia
West Virginia’s disaster declaration for severe storms and flooding in July 2026 just got an upgrade! The deadline to apply for physical damage loans is now extended to October 17, 2026, giving folks more time to get help. Economic injury loan applications are open until May 3, 2027, so businesses have plenty of runway to recover and rebuild.
2026-20544, Presidential Declaration of a Major Disaster for the State of Ohio
Ohio got hit hard by storms, tornadoes, floods, and landslides from August 10-22, 2026, and the President declared it a major disaster on October 2. People and businesses in several counties can now apply for low-interest disaster loans to help fix damage or recover lost income. You’ve got until December 1, 2026, for physical damage loans and July 2, 2027, for economic injury loans—so don’t wait!
2026-20548, Administrative Disaster Declaration of a Rural Area for the State of Missouri
Missouri’s rural areas in Crawford and Reynolds counties got hit hard by storms, winds, and flooding in July 2026. The government declared a disaster, opening the door for low-interest loans to help homeowners, businesses, and nonprofits recover. You’ve got until December 1, 2026, to apply for physical damage loans and until July 6, 2027, for economic injury loans—so don’t wait!
2026-20399, Administrative Declaration of an Economic Injury Disaster for the State of Oregon
Oregon businesses hit by severe storms and wildfires from mid-July to late August 2026 can now apply for Economic Injury Disaster Loans to help recover. The SBA opened applications on October 1, 2026, with a deadline to apply by July 1, 2027. Low-interest loans are available for small businesses and nonprofits in affected counties across Oregon, Idaho, and Washington.
2026-20472, Administrative Declaration of a Disaster for the State of Connecticut
Connecticut got hit hard by storms and flash floods on September 13, 2026, and the government just declared it a disaster area. This means people and businesses in Fairfield and nearby counties can apply for low-interest disaster loans to help fix damage or cover lost income. You’ve got until December 1, 2026, to apply for physical damage loans and until July 2, 2027, for economic injury loans—so don’t wait!
Previous / Next Documents
Previous: 2025-01803, Transcontinental Gas Pipe Line Company, LLC; Notice of Schedule for the Preparation of an Environmental Assessment for the Southeast Supply Enhancement Project
Transcontinental Gas Pipe Line Company wants to upgrade and expand its natural gas pipeline in the Southeast to deliver nearly 1.6 million more dekatherms of gas daily. The government is preparing an environmental review, with a report due by November 7, 2025, and final decisions expected by February 5, 2026. This project affects local communities and energy users, aiming to boost energy supply while carefully checking environmental impacts.
Next: 2025-01805, Agency Information Collection Activity Under OMB Review: Survey of Healthcare Experiences of Patients-Dental Care Patient Satisfaction Survey (DPSS)
The Veterans Health Administration is updating its Dental Care Patient Satisfaction Survey to better understand veterans' experiences and improve dental services. Veterans who use VA dental care might be asked to share their feedback through a short survey, either on paper or online. Comments on this update are welcome until February 27, 2025, helping ensure the survey stays useful without adding extra hassle or cost.