[Federal Register Volume 70, Number 53 (Monday, March 21, 2005)]
[Notices]
[Page 13565]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-5510]


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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, Suite 200, Glenwood, Maryland 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 Smarthinking, Inc. 1900 L Street, NW., Ste 
301, Washington, DC 20036. 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 II, LLLP, an 
Associate of Walker Investment Fund II SBIC, L.P. owns an interest in 
Smarthinking greater than 10 percent. 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.

Jaime Guzman-Fournier,
Acting Associate Administrator for Investment.
[FR Doc. 05-5510 Filed 3-18-05; 8:45 am]
BILLING CODE 8025-01-P