Non-Recourse Loans to Limited Partnership Small Business Investment Companies
B-149685: Jan 12, 1978
Additional Materials:
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Contact:
Shirley Jones
(202) 512-8156
jonessa@gao.gov
(202) 512-4800
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(202) 512-8156
jonessa@gao.gov
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(202) 512-4800
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The former Acting Administrator of the Small Business Administration (SBA) requested concurrence in the opinion that SBA has the authority to make nonrecourse loans to small business investment companies established as limited partnerships. There is no statutory prohibition on SBA legal authority to make such loans, and SBA has specific authority under the Small Business Act to make loans to small business investment companies on such terms and conditions as it deems appropriate.
Oct 26, 2020
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Chronos Solutions, LLC; Inside Realty, LLC; BLB Resources, Inc.
We sustain the protests.
B-417870.2,B-417870.3,B-417870.4 -
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Oct 23, 2020
Oct 22, 2020
Oct 20, 2020
Oct 16, 2020
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