[Federal Register Volume 87, Number 131 (Monday, July 11, 2022)]
[Notices]
[Page 41157]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-14656]



[[Page 41157]]

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SMALL BUSINESS ADMINISTRATION

[License No. 02/02-0698]


Star Mountain SBIC Fund, LP; Notice Seeking Exemption Under 
Section 312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Star Mountain SBIC Fund, LP, 2 Grand 
Central Tower, 140 East 45th Street, 37th Floor, New York, NY 10017, 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). Star Mountain SBIC Fund, L.P. is providing a financing to 
Southern Ag Carriers, Inc., 3422 Sylvester Rd., Albany, GA 31703.
    The financing is brought within the purview of Sec.  107.730(a)(4) 
of the Regulations because Star Mountain SBIC Fund, LP is providing a 
financing to Southern Ag Carriers, Inc. that will be used, in part, to 
discharge an obligation to an Associate. Therefore, this transaction is 
considered financing a Small Business to discharge an obligation to its 
Associate, requiring a prior SBA exemption and pre-financing SBA 
approval.
    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, Office of Investment 
and Innovation, U.S. Small Business Administration, 409 Third Street 
SW, Washington, DC 20416.

U.S. Small Business Administration.
Bailey G. DeVries,
Associate Administrator, Office of Investment and Innovation.
[FR Doc. 2022-14656 Filed 7-8-22; 8:45 am]
BILLING CODE P