[Federal Register Volume 71, Number 226 (Friday, November 24, 2006)]
[Notices]
[Page 67949]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-19877]


-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION


Notice Seeking Exemption under Section 312 of the Small Business 
Investment Act, Conflicts of Interest

    Notice is hereby given that BIA Digital Partners SBIC II LP 
(``Licensee''), 15120 Enterprise Court, Suite 200, Chantilly, VA 20151, 
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). BIA Digital Partners SBIC II LP proposes to provide 
financing in the form of senior subordinated notes with a 10% warrant 
option to Hoffman Media, LLC (``Hoffman''), 1900 International Park 
Drive, Suite 50, Birmingham, AL 35243. The financing will be used to 
provide liquidity for growth, repayment of existing subordinated debt 
and purchase of equity from existing shareholders.
    This investment requires an exemption from the prohibitions in 13 
CFR 107.730, Conflicts of Interest, because Hoffman is an Associate of 
the Licensee by virtue of the greater than 10 percent ownership 
interest held by BIA Digital Partners I, LP (``BIA I'').
    Notice is hereby given that any interested person may submit 
written comments on the transaction to the Associate Administrator for 
Investment, U.S. Small Business Administration, 409 Third Street, SW., 
Washington, DC 20416.

    Dated: November 16, 2006.
Jaime Guzm[aacute]n-Fournier,
Associate Administrator for Investment.
[FR Doc. E6-19877 Filed 11-22-06; 8:45 am]
BILLING CODE 8025-01-P