[Federal Register Volume 80, Number 22 (Tuesday, February 3, 2015)]
[Notices]
[Page 5876]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-02030]


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 SMALL BUSINESS ADMINISTRATION

[Eagle Fund III, L.P.; License No. 07/07-0116]


Notice Seeking Exemption Under Section 312 of 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 a loan 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 Associate Administrator, 
Office of Investment and Innovation, U.S. Small Business 
Administration, 409 Third Street SW., Washington, DC 20416.

Javier E. Saade,
Associate Administrator, Office of Investment and Innovation.
[FR Doc. 2015-02030 Filed 2-2-15; 8:45 am]
BILLING CODE 8025-01-P