[Federal Register Volume 74, Number 66 (Wednesday, April 8, 2009)]
[Notices]
[Page 16034]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-7879]


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SMALL BUSINESS ADMINISTRATION

[License No. 01/01-0414]


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

    Notice is hereby given that Ironwood Mezzanine Fund II, L.P. 200 
Fisher Drive, Avon, CT 06001-3723, 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). 
Ironwood Mezzanine Fund II, L.P. proposes to provide debt/equity 
security financing to Action Carting Environmental Services, Inc., 451 
Frelinghuysen Avenue, Newark, NJ 07114. The financing is contemplated 
as part of $6 million debt/equity issuance, the proceeds of which will 
be used primarily pay down the outstanding revolver and equipment debt.
    The financing is brought within the purview of Sec.  107.730(a) of 
the Regulations because Ironwood Equity Fund, L.P., an Associate of 
Ironwood Mezzanine Fund II, L.P., owns more than ten percent of Action 
Carting Environmental Services, Inc., and this transaction is 
considered a Financing of an Associate requiring an exemption to the 
Regulations.
    Notice is hereby given that any interested person may submit 
written comments on the transaction within 15 days of the date of 
publication, to the Associate Administrator for Investment, U.S. Small 
Business Administration, 409 Third Street, SW., Washington, DC 20416.

    Dated: March 23, 2009.
Harry Haskins,
Acting Associate Administrator for Investment.
 [FR Doc. E9-7879 Filed 4-7-09; 8:45 am]
BILLING CODE 8025-01-P