[Federal Register Volume 76, Number 116 (Thursday, June 16, 2011)]
[Notices]
[Page 35263]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-14958]


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SMALL BUSINESS ADMINISTRATION

[License No. 02/72-0625]


Founders Equity SBIC I, L.P.; Notice Seeking Exemption Under 
Section 312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Founders Equity SBIC I, L.P., 711 Fifth 
Avenue, 5th Floor, New York, NY 10022, 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). 
Founders Equity SBIC I, L.P. proposes to provide equity security 
financing to Richardson Foods, Inc., 101 Erie Blvd., Canajoharie, NY 
13317. The financing will provide the company with additional capital 
to meet working capital requirements and for debt repayment.
    The financing is brought within the purview of Sec.  107.730(a) of 
the Regulations because Founders Equity NY, L.P., an Associate of 
Founders Equity SBIC I, L.P., owns more than ten percent of Richardson 
Foods, Inc. and therefore Richardson Foods, Inc. is considered an 
Associate of Founders Equity SBIC I, L.P. as defined in Sec.  107.50 of 
the Regulations.
    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: June 6, 2011.
Sean J. Greene,
Associate Administrator for Investment.
[FR Doc. 2011-14958 Filed 6-15-11; 8:45 am]
BILLING CODE P