[Federal Register Volume 77, Number 67 (Friday, April 6, 2012)]
[Notices]
[Page 20871]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-8326]


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SMALL BUSINESS ADMINISTRATION


Praesidian Capital Opportunity Fund III, LP; License No. 02/02-
0647; Notice Seeking Exemption Under the Small Business Investment Act, 
Conflicts of Interest

    Notice is hereby given that Praesidian Capital Opportunity Fund 
III, LP, 419 Park Avenue South, New York, NY 10016, 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 Rules and Regulations (13 CFR 107.730). 
Praesidian Capital Opportunity Fund III, LP proposes to provide debt 
and preferred equity financing to CB Restaurants, Inc. The financing is 
follow-on financing contemplated to fund working capital and capital 
expenditures.
    The financing is brought within the purview of Sec.  107.730(a)(1) 
of the Regulations because Praesidian Capital Opportunity Fund III-A, 
LP, Associate of Praesidian Capital Opportunity Fund III, LP, holds an 
ownership position in CB Restaurants, Inc. that exceeds 10%. Therefore 
the transaction is considered as providing financing to an Associate, 
requiring prior written exemption from the Small Business 
Administration.
    Notice is hereby given that any interested person may submit 
written comments on the transaction within 15 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: March 29, 2012.
Sean J. Greene,
Associate Administrator for Investment.
[FR Doc. 2012-8326 Filed 4-5-12; 8:45 am]
BILLING CODE P