[Federal Register Volume 68, Number 11 (Thursday, January 16, 2003)]
[Notices]
[Page 2388]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-887]


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SMALL BUSINESS ADMINISTRATION

[License No. 03/73-0229]


Walker Investment Fund II SBIC, L.P.; Notice Seeking Exemption 
Under Section 312 of the Small Business Investment Act, Conflicts of 
Interest

    Notice is hereby given that Walker Investment Fund II SBIC, L.P., 
3060 Washington Road, Glenwood, MD 21738, 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 (2002)). 
Walker Investment Fund II SBIC, L.P. proposes to provide preferred 
equity security financing to Secure Methods, Inc., 224 West King 
Street, Martinsburg, WV 25443. The financing is contemplated to provide 
the company with the necessary working capital.
    The financing is brought within the purview of Sec. 107.730(a)(1) 
of the Regulations because Walker Investment Fund I, LLC and Steve 
Walker & Associates, all Associates of Walker Investment Fund II SBIC, 
L.P., have owned, within the last 6 months, a collective interest in 
Secure Methods, Inc., greater than 5 percent. Therefore, this financing 
is considered a financing with Associates requiring prior SBA approval.
    Notice is hereby given that any interested person may submit 
written comments on the transaction, within 15 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: January 9, 2003.
Jeffrey D. Pierson,
Associate Administrator for Investment.
[FR Doc. 03-887 Filed 1-15-03; 8:45 am]
BILLING CODE 8025-01-P