[Federal Register Volume 66, Number 111 (Friday, June 8, 2001)]
[Notices]
[Pages 30972-30973]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-14511]


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SMALL BUSINESS ADMINISTRATION

[License No. 02/02-5377]


Elk Associates Funding Corporation; Notice Seeking Exemption 
Under Section 312 of the Small Business Investment Act, Conflicts of 
Interest

    Notice is hereby given that Elk Associates Funding Corporation, 747 
Third Avenue, New York, New York 10017, a Federal Licensee under the

[[Page 30973]]

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 (2000). 
Elk Associates Funding Corporation proposes to provide loans to 
Concorde Cab Corp. and Queens Star Cab Corp. The financings are 
contemplated for the purchase of taxicab medallions, New York City 
transfer taxes and taxicab vehicles.
    The financings are brought within the purview of sec. 107.730(a)(1) 
of the regulations because Meryl Sara and Lauren Abate, Associates of 
Elk Associates Funding Corporation, will own greater than 10 percent of 
Concorde Cab Corp. and Queens Star Cab Corp., and therefore, Concorde 
Cab Corp. and Queens Star Cab Corp. are considered Associates of Elk 
Associates Funding Corporation as defined in section 107.50 of the 
regulations.
    Notice is hereby given that any interested person may submit 
written comments on the transaction to the Acting Associate 
Administrator for Investment, U.S. Small Business Administration, 409 
Third Street, SW, Washington, DC 20416.

    Dated: May 29, 2001.
Harry Haskins,
Acting Associate Administrator for Investment.
[FR Doc. 01-14511 Filed 6-7-01; 8:45 am]
BILLING CODE 8025-01-P