[Federal Register Volume 76, Number 187 (Tuesday, September 27, 2011)]
[Notices]
[Page 59767]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-24799]


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

SMALL BUSINESS ADMINISTRATION

[License No. 04/04-0308]


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

    Notice is hereby given that Plexus Fund II, L.P., 200 Providence 
Road, Suite 210, Charlotte, NC, 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). Plexus 
II, L.P., proposes to provide debt security financing to Project 
Empire, Inc., 420 3rd Ave., NW., Hickory, NC 28601. The financing is 
contemplated for growth and general corporate purposes.
    The financing is brought within the purview of Sec.  107.730(a)(4) 
of the Regulations because Plexus Fund II, L.P.'s financing will 
discharge an obligation of Web Products, LLC, owed to Plexus Fund I, 
L.P., which is considered an Associate of Plexus Fund II, L.P., as 
defined in Sec. 105.50 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: September 20, 2011.
Sean J. Greene,
Associate Administrator for Investment.
[FR Doc. 2011-24799 Filed 9-26-11; 8:45 am]
BILLING CODE 8025-01-P