[Federal Register Volume 79, Number 135 (Tuesday, July 15, 2014)]
[Notices]
[Page 41346]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-16612]
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SMALL BUSINESS ADMINISTRATION
[Monroe Capital Corporation SBIC, LP License No. 05/05-0314]
Notice Seeking Exemption Under Section 312 of the Small Business
Investment Act, Conflicts of Interest
Notice is hereby given that Monroe Capital Corporation SBIC, LP,
311 S. Wacker Drive, Suite 6400, Chicago, IL 60606, 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 107.730). Monroe
Capital Corporation SBIC, LP proposes to provide debt and equity
financing to Summit Container Corporation, 901 Synthes Avenue,
Monument, CO 80132. This financing is brought within the purview of
Sec. 107.730(a)(1) of the Regulations because Associates Monroe
Capital Corporation and Monroe Capital Partners Fund, L.P. each own
greater than 10 percent ownership interest in Summit Container
Corporation, so Summit Container Corporation is considered an
Associate. In addition, this financing is brought within the purview of
Sec. 107.730(a)(4) of the Regulations because the proceeds will be
used to discharge an obligation to an Associate of Monroe Capital
Corporation SBIC, LP. 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, U.S.
Small Business Administration, 409 Third Street SW., Washington, DC
20416.
Dated: July 2, 2014.
Javier E. Saade,
Administrator for Office of Investment and Innovation.
[FR Doc. 2014-16612 Filed 7-14-14; 8:45 am]
BILLING CODE 8025-01-P