Filed Date: March 14, 2025
Case Ongoing
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This case challenges the U.S. Small Business Administration's recission of a Small Business Lending Company license. On March 14, 2025, LaFayette Square SBLC filed this lawsuit against the SBA and its agency head in the U.S. District Court for the District of Columbia under the Administrative Procedure Act ("APA"). Represented by private counsel, the plaintiff--an investment platform focused on investment in overlooked communities--challenged defendants’ rescission of its Small Business Lending Company license. The plaintiff alleged that the rescission of its license violated the Administrative Procedure Act. The case was assigned to District Judge Dabney Friedrich.
This case is ongoing.
Summary Authors
Meredith Ulle (4/19/2025)
For PACER's information on parties and their attorneys, see: https://www.courtlistener.com/docket/69739549/parties/lafayette-square-sblc-llc-v-us-small-business-administration/
Friedrich, Dabney Langhorne (District of Columbia)
Crichlow, David Andrew (District of Columbia)
Muldrew, Brian Lee (District of Columbia)
Smith, Robert Thomas (District of Columbia)
Vazquez, Christopher T. (District of Columbia)
See docket on RECAP: https://www.courtlistener.com/docket/69739549/lafayette-square-sblc-llc-v-us-small-business-administration/
Last updated April 28, 2025, 1:29 p.m.
State / Territory: District of Columbia
Case Type(s):
Presidential/Gubernatorial Authority
Special Collection(s):
Trump Administration 2.0: Challenges to the Government
Trump Administration 2.0: Challenges to the Government (Spending Freezes/Cuts)
Key Dates
Filing Date: March 14, 2025
Case Ongoing: Yes
Plaintiffs
Plaintiff Description:
The plaintiff is a Small Business Lending Company ("SBLC") operating as an investment platform focused on investment in overlooked communities. SBLCs are authorized by the Small Business Administration to issue loans to U.S. small businesses up to $5 million.
Public Interest Lawyer: No
Filed Pro Se: No
Class Action Sought: No
Class Action Outcome: Not sought
Defendants
U.S. Small Business Administration (- United States (national) -), Federal
Defendant Type(s):
Case Details
Causes of Action:
Administrative Procedure Act, 5 U.S.C. §§ 551 et seq.
Available Documents:
Outcome
Prevailing Party: None Yet / None
Nature of Relief:
Source of Relief:
Issues
General/Misc.: