[Federal Register Volume 69, Number 40 (Monday, March 1, 2004)]
[Notices]
[Page 9674]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-4409]


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SMALL BUSINESS ADMINISTRATION


Elk Associates Funding Corp., (License No. 02/02-5377); Notice 
Seeking Exemption Under 312 of the Small Business Investment Act, 
Conflicts of Interest

    Notice is hereby given that Elk Associates Funding Corp., 747 Third 
Avenue, New York, New York, 10017, 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 (2003)). 
Elk Associates Funding Corp. proposes to provide loans to Across the 
Town Cab Corp., 811 West Evergreen, Chicago, IL 60622. The financings 
are contemplated for the purchase of taxi medallions and taxi vehicles.
    The financings are brought within the purview of Sec. 107.730(a)(1) 
of the Regulations because Mr. Charles Goodbar III, Esq., an Associate 
of Elk Associates Funding Corp., currently owns greater than 10 percent 
of Across the Town Cab Corp. and therefore, Across the Town Cab Corp. 
is considered an Associate of Elk Associates Funding Corp. as defined 
in Sec. 105.50 of the regulations.
    Notice is hereby given that any interested person may submit 
written comments on the transaction, within 15 days, to the Associate 
Administrator for Investment, U.S. Small Business Administration, 409 
Third Street, SW., Washington, DC 20416.

    Dated: February 17, 2004.
Jeffrey D. Pierson,
Associate Administrator for Investment.
[FR Doc. 04-4409 Filed 2-27-04; 8:45 am]
BILLING CODE 8025-01-P