[Federal Register Volume 69, Number 94 (Friday, May 14, 2004)]
[Notices]
[Pages 26914-26915]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-10975]


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SMALL BUSINESS ADMINISTRATION

[License No. 01/01-0396]


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

    Notice is hereby given that Seacoast Capital Partners II, L.P., 55 
Ferncroft Road, Danvers, MA 01923, 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)). 
Seacoast Capital Partners II, L.P. proposes to provide subordinated 
debt financing to KODA Distribution, Inc., 154 Pioneer Drive,

[[Page 26915]]

Leominster, Massachusetts 01453. The financing is contemplated to pay 
off expiring subordinated debt used for working capital purposes.
    The financing is brought within the purview of Sec.  107.730(a)(4) 
of the Regulations because Seacoast Capital Partners II, L.P.''s 
investment in KODA Distribution, Inc. will discharge an obligation of 
Seacoast Capital Partners, L.P., an Associate of Seacoast Capital 
Partners II, L.P. Therefore, this transaction is considered a financing 
of an Associate 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: May 11, 2004.
Jeffrey D. Pierson,
Associate Administrator for Investment.
[FR Doc. 04-10975 Filed 5-13-04; 8:45 am]
BILLING CODE 8025-01-P