[Federal Register Volume 70, Number 122 (Monday, June 27, 2005)]
[Notices]
[Page 36998]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-12672]


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SMALL BUSINESS ADMINISTRATION

[License No. 04/74-0289]


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

    Notice is hereby given that Chrysalis Ventures II, L.P., 1650 
National City Tower, 101 South Fifth Street, Louisville, KY 40202, 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)). Chrysalis Ventures II, L.P. proposes to provide 
preferred equity security financing to RAD Technologies LLC, 2655 Park 
Center Drive, Simi Valley, California 93065. The financing is 
contemplated to be used by the company for working capital purposes and 
to make acquisitions.
    The financing is brought within the purview of Sec. 107.730(a)(1) 
of the Regulations because Robert L. Saunders, a Principal and an 
Associate of Chrysalis Ventures II, L.P., has a 14.6% voting ownership 
interest in RAD. 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: June 21, 2005.
Jaime A. Guzm[aacute]n-Fournier,
Associate Administrator for Investment.
[FR Doc. 05-12672 Filed 6-24-05; 8:45 am]
BILLING CODE 8025-01-P