[Federal Register Volume 78, Number 86 (Friday, May 3, 2013)]
[Notices]
[Pages 26099-26100]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-10124]


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SMALL BUSINESS ADMINISTRATION


Notice Seeking Exemption Under the Small Business Investment Act, 
Conflicts of Interest; VPC SBIC I, LP; License No. 05/05-0308

    Notice is hereby given that VPC SBIC I, LP, 227 West Monroe Street, 
Suite 3900, 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 101730). VPC 
SBIC I, LP proposes to provide debt financing to Global Employment 
Holdings, Inc., 10375 Park Meadows Drive, Suite 475, Littleton, CO, 
80124 (``GEYH''). The proceeds will be used to redeem maturing debt and 
fund an acquisition.
    The financing is brought within the purview of Sec.  107.730(a) of 
the Regulations because Victory Park Credit Opportunities, L.P., 
Victory Park Credit Opportunities Intermediate Fund, L.P., and Victory 
Park Capital Advisors, LLC, Associates of the Licensee, are majority 
owners of and control GEYH, and because portions of the financing will 
be used to repay obligations to additional Associates of the Licensee, 
VPC Fund II, L.P. and VPC Intermediate Fund II (Cayman), L.P.; this 
transaction is considered Financing an Associate and Providing 
Financing to discharge an obligation to an Associate requiring prior 
SBA approval.
    Notice is hereby given that any interested person may submit 
written comments on the transaction within 15

[[Page 26100]]

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: April 17, 2013.
Harry E. Haskins,
Acting Associate Administrator for Investment.
[FR Doc. 2013-10124 Filed 5-2-13; 8:45 am]
BILLING CODE 8025-01-M