[Federal Register Volume 78, Number 181 (Wednesday, September 18, 2013)]
[Notices]
[Page 57444]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-22415]


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SMALL BUSINESS ADMINISTRATION

[License No. 07/07-0116]


Eagle Fund III, L.P.; Notice Seeking Exemption Under the Small 
Business Investment Act, Conflicts of Interest

    Notice is hereby given that Eagle Fund III, L.P., 101 S. Hanley 
Road, Suite 1250, St. Louis, Missouri 63105, 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 13 CFR 107.730, Financings 
which Constitute Conflicts of Interest, of the Small Business 
Administration (``SBA'') Rules and Regulations. Eagle Fund III, L.P., 
provided debt and equity financing to Net Direct Merchants LLC (``Net 
Direct''), 217 North Seminary Street, Florence, AL, 35630. The 
financing was contemplated to provide capital that contributes to the 
growth and overall sound financing of Net Direct.
    The financing is brought within the purview of Sec.  107.730(a)(1) 
because Eagle Fund II, L.P., an Associate of Eagle Fund III, L.P. as 
defined in Sec.  107.50, owns a ten percent or greater equity interest 
in Net Direct. Accordingly, Net Direct is considered an Associate of 
Eagle Fund III, L.P.
    Notice is hereby given that any interested person may submit 
written comments on the transaction to the Acting Associate 
Administrator for Investment and Innovation, U.S. Small Business 
Administration, 409 Third Street SW., Washington, DC 20416.

Pravina Raghavan,
Acting Associate Administrator for Investment and Innovation.
[FR Doc. 2013-22415 Filed 9-17-13; 8:45 am]
BILLING CODE P