[Federal Register Volume 79, Number 124 (Friday, June 27, 2014)]
[Notices]
[Page 36570]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-15143]


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 SMALL BUSINESS ADMINISTRATION

[License No. 04/04-0298]


Harbert Mezzanine Partners II SBIC, L.P.: Notice Seeking 
Exemption Under Section 312 of the Small Business Investment Act, 
Conflicts of Interest

    Notice is hereby given that Harbert Mezzanine Partners II SBIC, 
L.P., 2100 Third Avenue North, Suite 600, Birmingham, AL 35203, 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 
Section 107.730, Financings which constitute Conflicts of Interest of 
the Small Business Administration (``SBA'') Rules and Regulations (13 
CFR 107). Harbert Mezzanine Partners II SBIC, L.P. proposes to provide 
follow-on subordinated debt financing to Employment Staffing Group, 
Inc., 414 N Lafayeet Street, Shelby, NC, 28150. Harbert Mezzanine 
Partners III, LP, an Associate of Harbert Mezzanine Partners II SBIC, 
L.P, holds a 10.6% ownership interest in Employment Control Holdings 
Company, LLC of which Employment Staffing Group, Inc. is a wholly owned 
subsidiary. Therefore, Employment Staffing Group, Inc. is an Associate 
of Harbert Mezzanine Partners II SBIC, L.P.
    The financing is brought within the purview of Sec.  107.730(a) of 
the Regulations because Employment Staffing Group, Inc., Employment 
Control Holdings Company, LLC, and Harbert Mezzanine Partners III, LP 
are Associates of Harbert Mezzanine Partners II SBIC, L.P. Therefore 
this transaction requires prior SBA exemption.
    Notice is hereby given that any interested person may submit 
written comments on the transaction, within fifteen days of the date of 
this publication, to the Associate Administrator for Investment and 
Innovation, U.S. Small Business Administration, 409 Third Street SW., 
Washington, DC 20416.

Javier E. Saade,
Associate Administrator, Office of Investment and Innovation.
[FR Doc. 2014-15143 Filed 6-26-14; 8:45 am]
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