Rule lifecycle · DOCKET:License No. 04045175
Brightwood Capital SBIC III, LP, Brightwood Capital SBIC IV, LP; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest
Small Business Administration — observed across 2 documents over 51 days. Use the source documents below before deciding whether this affects your business.
In plain English
The SBA is considering letting two Brightwood Capital investment funds operate while having conflicts of interest that normally wouldn't be allowed under small-business lending rules. You should review the full notice when it publishes to understand what conflicts exist and whether they affect your ability to get fair consideration if you apply for their funding.
First seen
Apr 1, 2026
Last seen
May 22, 2026
Latest stage
Notice
PRORULE → RULE
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Stage timeline
Notice·Apr 1, 2026
Brightwood Capital SBIC IV, LP; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest
#2026-06282
Notice·May 22, 2026·91 FR 30359
Brightwood Capital SBIC III, LP, Brightwood Capital SBIC IV, LP; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest
#2026-10339