Ave., SW., Washington, DC 20250-2243. Telephone: (202) 401-4002. SMALL BUSINESS INVESTMENT COMPANIES Current Year: Grants: $0,000 Loans: $1,400,000,000 Other: $0,000 Total: $l,400,000,000 OBJECTIVES: To establish privately owned and managed investment companies, which are licensed and regulated by the U.S. Small Business Administration; to provide equity capital and long term loan funds to small businesses; and to provide advisory services to small businesses. ELIGIBLE APPLICANTS: (a) Small business (less than 500 employees); APPLICATION AND AWARD PROCESS: Application Procedure: Request information and appropriate forms from 556 SBA Central office. Complete application requirements and submit with a minimum application fee payment of $10,000 to SBA Central Office. Award Procedure: Applicant is notified by issuance of a license from the Investment Division of the Small Business Administration. Deadlines: None. Range of Approval/Disapproval Time: Average of 120 days. Appeals: Proponents may reapply at any time. Renewals: None. INFORMATION CONTACTS: Regional or Local Office: None. Headquarters Office: Associate Administrator for Investment, Investment Division, Small Business Administration, 409 Third Street, SW., Washington, DC 20416. Telephone: (202) 205-6510. SMALL BUSINESS LOANS Current Year: Grants: $0,000 Loans: $10,000,000,000 Other. $0,000 Total: $l0,000,000,000
|