[Federal Register Volume 59, Number 129 (Thursday, July 7, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-16452]


[[Page Unknown]]

[Federal Register: July 7, 1994]


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SMALL BUSINESS ADMINISTRATION
[Application No. 99000127]

 

Pacific Northwest Partners SBIC, L.P; 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 Pacific Northwest Partners SBIC, L.P., Suite 800, 
Koll Center Bellevue, 500--108th Avenue N.E., Bellevue, MA 98004, 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. et 
seq.), and the Rules and Regulations promulgated thereunder.
    The initial investors and their percent of ownership of the 
Applicant are as follows:

------------------------------------------------------------------------
                                                              Percentage
                            Name                                  of    
                                                               ownership
------------------------------------------------------------------------
General Partner:                                                        
  Kertesz/Wight Partnership, 500--108th Avenue NE.,                     
   Bellevue, WA 98004.......................................        1.0 
Limited Partners............................................       99.0 
------------------------------------------------------------------------

    No single Limited Partner owns a 10% or larger partnership 
interest.
    Pacific Northwest Partners SBIC, L.P. will be managed by PNP 
Management, Inc. The offices and directors of PNP Management, Inc. are:

------------------------------------------------------------------------
                                                              Percentage
                     Name                       Relationship   ownership
                                                 to manager   of manager
------------------------------------------------------------------------
Theodore M. Wight, 5302--143rd Avenue SE,      President....         50 
 Bellevue, WA 98006.                                                    
Louis R. Kertesz, 5606 Lakeview Drive NE,      Vice-                 50 
 Apartment D, Kirkland, WA 98003.               President.              
------------------------------------------------------------------------

    The applicant will begin operations with capitalization of 
approximately $10.6 million and will be a source of debt and equity 
financings for qualified small business concerns. The applicant will 
invest primarily in the Pacific Northwest.
    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 30 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 Seattle, Washington.

(Catalog of Federal Domestic Assistance Programs No. 59.011, Small 
Business Investment Companies)

    Dated: June 28, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-16452 Filed 7-6-94; 8:45 am]
BILLING CODE 8025-01-M