[Federal Register Volume 75, Number 26 (Tuesday, February 9, 2010)]
[Notices]
[Page 6414]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-2717]


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SMALL BUSINESS ADMINISTRATION

[License No. 05/75-0257]


Cardinal Growth, L.P.; Notice Seeking Exemption Under Section 312 
of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Cardinal Growth, L.P., 311 South Wacker 
Driver, Suite 5500, Chicago, IL 60606, 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). 
Cardinal Growth, L.P. provided financing to GreenRock Environmental 
Management, Inc., 1400 West Carroll Avenue, Chicago, IL 60607. The 
financing was used to purchase office and computer related equipment 
for the small business.
    The financing is brought within the purview of Sec.  107.730(a)(1) 
of the Regulations because the CEO of GreenRock Environmental 
Management, Inc. assumed financial responsibilities at Cardinal Growth, 
L.P. within 6 months of the financing. According to the definition of 
Associate in Sec.  107.50, Section 10 if an Associate relationship 
exists at any time within 6 months before or after the date of a 
Financing, then the Associate relationship is considered to exist on 
the date of the Financing.
    Therefore, this transaction is considered a financing of an 
Associate requiring an exemption. Notice is hereby given that any 
interested person may submit written comments on the transaction within 
fifteen 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: January 6, 2010.
Sean Greene,
Associate Administrator for Investment.
[FR Doc. 2010-2717 Filed 2-8-10; 8:45 am]
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