[Federal Register Volume 59, Number 99 (Tuesday, May 24, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-12598]


[[Page Unknown]]

[Federal Register: May 24, 1994]


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SMALL BUSINESS ADMINISTRATION

 

Atalanta Investment Company, Inc. (License No. 02/02-0357)

    Notice is hereby given that Atalanta Investment Company, Inc. 
(AIC), 650 5th Avenue, 15th Floor, New York, New York 10019, a Federal 
Licensee under the Small Business Investment Act of 1958, as amended 
(the Act), in connection with the proposed financing of a small concern 
is seeking an exemption under Section 312 of the Act and Sec. 107.903 
conflicts of interest of the SBA Rules and Regulations (13 CFR 107.903 
(1993)). An exemption may not be granted by SBA until Notices of this 
transaction have been published. AIC proposes to provide subordinated 
debt financing to Coastwide Energy Services, Inc., (CES) located 11111 
Wilshire Green Drive Houston, Texas 77042. The financing is 
contemplated for use in the expansion of CES' existing operations and 
additional working capital.
    The financing is brought within the purview of Sec. 107.903(b)(1) 
of the regulations because Mr. L. Mark, Newman, Chairman of the Board 
of AIC, is a director and officer of CES and owns more than 10% of the 
total outstanding shares of CES.
    Notice is further given that any person, not later than 15 days 
from the date of the publication of the Notice, submit written comments 
on the transaction to the Associate Administrator for Investment, U.S. 
Small Business Administration, 409 Third Street, SW., Washington, DC 
20416.
    A copy of this Notice shall be published, in accordance with 
Sec. 107.903(e) of the Regulations, in a newspaper of general 
circulation in Houston, Texas.

(Catalog of Federal Domestic Assistance Program No. 59.011, Small 
Business Investment Companies)

    Dated: May 18, 1994.
Robert D. Stillman,
Associate Administrator For Investment.
[FR Doc. 94-12598 Filed 5-23-94; 8:45 am]
BILLING CODE 8025-01-M