[Federal Register Volume 86, Number 201 (Thursday, October 21, 2021)]
[Notices]
[Page 58376]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-22960]


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SMALL BUSINESS ADMINISTRATION

[License No. 04/04-0352]


 Ballast Point Ventures IV, L.P.; Notice Seeking Exemption Under 
Section 312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Ballast Point Ventures IV, L.P. 401 
East Jackson Street, Suite 2300, Tampa, FL 33602, 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). 
Ballast Point Ventures IV, L.P., is seeking a written exemption from 
SBA for a proposed financing to Symphonic Distribution Inc., 707 N 
Franklin Street, Suite 400, Tampa, FL 33602.
    The financing is brought within the purview of Sec.  107.730(a)(4) 
of the Regulations because Ballast Point Ventures IV, L.P. will provide 
financing where its Associate owns more than 10% equity ownership in 
the company, Symphonic Distribution Inc., and will have a portion of 
its obligation discharged, therefore this transaction is considered 
Provide financing to an Associate of another Licensee to discharge an 
obligation of an Associate requiring SBA's prior written exemption. 
Ballast Point Ventures IV, L.P. has not made its investment in 
Symphonic Distribution Inc., and is seeking pre-financing SBA approval.
    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.

Small Business Administration.
Bailey DeVries,
Associate Administrator, Office of Investment and Innovation.
[FR Doc. 2021-22960 Filed 10-20-21; 8:45 am]
BILLING CODE P