Eagle Fund III-A, L.P.; Notice Seeking Exemption Under the Small Business Investment Act, Conflicts of Interest
Federal Register, Volume 78 Issue 181 (Wednesday, September 18, 2013)
Federal Register Volume 78, Number 181 (Wednesday, September 18, 2013)
Notices
Pages 57444-57445
From the Federal Register Online via the Government Printing Office www.gpo.gov
FR Doc No: 2013-22411
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SMALL BUSINESS ADMINISTRATION
License No. 07/07-0117
Eagle Fund III-A, L.P.; Notice Seeking Exemption Under the Small Business Investment Act, Conflicts of Interest
Notice is hereby given that Eagle Fund III-A, L.P., 101 S. Hanley Road, Suite 1250, St. Louis, Missouri 63105, a Federal Licensee under the Small Business Investment Act of 1958, as amended (the ``Act''), in connection with the financing of a small concern, has sought an exemption under Section 312 of the Act and 13 CFR 107.730, Financings which Constitute Conflicts of Interest, of the Small Business Administration (``SBA'') Rules and Regulations. Eagle Fund III-A, L.P., provided debt and equity financing to Net Direct Merchants LLC, (``Net Direct''), 217 North Seminary Street, Florence, AL 35630. The financing was contemplated to provide capital that contributes to the growth and overall sound financing of Net Direct.
The financing is brought within the purview of Sec. 107.730(a)(1) because Eagle Fund II, L.P., an Associate of Eagle Fund III-A, L.P. as defined in Sec. 107.50, owns a ten percent or greater equity interest in Net Direct. Accordingly, Net Direct is considered an Associate of Eagle Fund III-A, L.P.
Notice is hereby given that any interested person may submit written comments on the transaction to the Acting Associate Administrator for Investment and Innovation, U.S. Small
Page 57445
Business Administration, 409 Third Street SW., Washington, DC 20416.
Pravina Raghavan,
Acting Associate Administrator for Investment and Innovation.
FR Doc. 2013-22411 Filed 9-17-13; 8:45 am
BILLING CODE P
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