Stonehenge Community Impact Fund, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest

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Published

July 30, 2021

Issuing agencies

Small Business Administration

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<title>Federal Register, Volume 86 Issue 144 (Friday, July 30, 2021)</title>
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[Federal Register Volume 86, Number 144 (Friday, July 30, 2021)]
[Notices]
[Page 41144]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-16265]


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SMALL BUSINESS ADMINISTRATION

[License No. 05/05-0342]


Stonehenge Community Impact Fund, L.P.; Notice Seeking Exemption 
Under Section 312 of the Small Business Investment Act, Conflicts of 
Interest

    Notice is hereby given that Stonehenge Community Impact Fund, L.P., 
191 W Nationwide Blvd., Suite 600, Columbus, OH 43215, a Federal 
Licensee under the Small Business Investment Act of 1958, as amended 
(``the Act''), in connection with the financing of a small concerns, 
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). Stonehenge Community Impact Fund, L.P. is proposing to 
provide financing to Phonesoap, LLC. to support the Company's growth.
    The proposed transaction is brought within the purview of Sec.  
107.730 of the Regulations because Stonehenge Community Development 
117, LLC, an Associate of Stonehenge Community Impact Fund, L.P., by 
virtue of Common Control as defined at Sec.  107.50, holds a debt 
investment in Phonesoap, LLC and the proposed transaction would free 
other funds to pay such obligation to an Associate.
    Therefore, the proposed transaction is considered self-deal 
pursuant to 13 CFR 107.730 and requires a regulatory 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 Associate Administrator for Investment, U.S. Small Business 
Administration, 409 Third Street SW, Washington, DC 20416.

Thomas Morris,
Acting Associate Administrator, Director, Office of SBIC Liquidation, 
Office of Investment and Innovation.
[FR Doc. 2021-16265 Filed 7-29-21; 8:45 am]
BILLING CODE P


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