[Federal Register Volume 80, Number 63 (Thursday, April 2, 2015)]
[Notices]
[Page 17816]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-07582]


=======================================================================
-----------------------------------------------------------------------

 SMALL BUSINESS ADMINISTRATION


GMB Mezzanine Capital II, L.P. License No. 05/05-0299; Notice 
Seeking Exemption Under Section 312 of the Small Business Investment 
Act, Conflicts of Interest

    Notice is hereby given that GMB Mezzanine Capital II, L.P., 50 
South Sixth Street, Suite 1460, Minneapolis, MN 55402, 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). GMB 
Mezzanine Capital II, L.P. proposes to provide subordinated debt 
financing to H & R Accounts, Inc. d.b.a. Avadyne Health, Inc., 7017 
John Deere Parkway, Moline, IL 61265.
    The financing is brought within the purview of Sec.  107.730(a)(4) 
of the Regulations because GMB Mezzanine Capital, L.P., a current 
investor in H & R Accounts, Inc. and an Associate of GMB Mezzanine 
Capital II, L.P., will receive repayment of its subordinated debt 
investment from the proceeds of GMB Mezzanine Capital II, L.P.'s 
proposed investment. Therefore, this transaction is considered 
providing financing to a Small Business to discharge an obligation to 
an Associate, requiring SBA prior written exemption.
    Notice is hereby given that any interested person may submit 
written comments on the transaction, within fifteen days of the date of 
this publication, to the Associate Administrator for the Office of 
Investment and Innovation, U.S. Small Business Administration, 409 
Third Street SW., Washington, DC 20416.

    Dated: March 17, 2015.
Javier E. Saade,
Associate Administrator for Office of Investment and Innovation.
[FR Doc. 2015-07582 Filed 4-1-15; 8:45 am]
BILLING CODE CODE 8025-01-P