[Federal Register Volume 83, Number 148 (Wednesday, August 1, 2018)]
[Notices]
[Page 37605]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-16414]


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SMALL BUSINESS ADMINISTRATION

[License No. 06/06-0346]


Stellus Capital SBIC, L.P.; Notice Seeking Exemption Under 
Section 312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Stellus Capital SBIC, L.P., 4400 Post 
Oak Parkway, Suite 2200, Houston, TX 77027, 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). 
Stellus Capital SBIC, L.P. proposes to provide loan financing to 
KelleyAmerit Holdings, Inc. (d/b/a Amerit Fleet Solutions), 1331 North 
California Blvd., Suite 150, Walnut Creek, CA 94596.
    The financing is brought within the purview of Sec.  107.730(a)(4) 
of the Regulations because Stellus Capital SBIC, L.P., seeks to 
purchase the loan financing to KelleyAmerit Holdings, Inc. from Stellus 
Capital Investment Corp., an Associate of Stellus Capital SBIC, L.P. 
Therefore, this transaction is considered discharging an obligation of 
an Associate, requiring a prior SBA exemption.
    Notice is hereby given that any interested person may submit 
written comments on this transaction within fifteen days of the date of 
this publication to the Associate Administrator, Office of Investment 
and Innovation, U.S. Small Business Administration, 409 Third Street 
SW, Washington, DC 20416.

A. Joseph Shepard,
Associate Administrator for Office of Investment and Innovation.
[FR Doc. 2018-16414 Filed 7-31-18; 8:45 am]
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