[Federal Register Volume 66, Number 120 (Thursday, June 21, 2001)]
[Notices]
[Page 33286]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-15642]


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SMALL BUSINESS ADMINISTRATION

[License No. 01/01-0339]


Chestnut Venture Partners, L.P.; Notice Seeking Exemption Under 
Section 312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Chestnut Venture Partners, L.P., 75 
State Street, Suite 2500, Boston, Massachusetts 02109, 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 Sec. 107.730, 
Financings which Constitute Conflicts of Interest of the Small Business 
Administration (``SBA'') rules and regulations (13 CFR 107.730 (2001)). 
Chestnut Venture Partners, L.P., proposes to make an equity investment 
in Florida Digital Network, Inc. The financing is contemplated to 
implement a new business plan which involves a substantial change in 
size, scope and nature of Florida Digital Network, Inc.'s operations 
and service offerings.
    This financing is brought within the purview of Sec. 107.730(a)(1) 
of the Regulations because Media/Communications Partners III, L.P. and 
M/C Investors, LLC, Associates of Chestnut Venture Partners, L.P., 
presently own greater than 10 percent of Florida Digital Network, Inc., 
and therefore, Florida Digital Network, Inc., is considered an 
Associate of Chestnut Venture Partners, L.P., as defined in Sec. 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: June 13, 2001.
Harry Haskins,
Acting Associate Administrator for Investment.
[FR Doc. 01-15642 Filed 6-20-01; 8:45 am]
BILLING CODE 8010-01-M