Serra Capital (SBIC) III, L.P.; Conflicts of Interest Exemption

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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 41145]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-16266]


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SMALL BUSINESS ADMINISTRATION

[License No. 05/05-0335]


Serra Capital (SBIC) III, L.P.; Conflicts of Interest Exemption

    Notice is hereby given that Serra Capital (SBIC) III, L.P., 2021 
South First Street, Suite 206, Champaign, IL 61821, a Federal Licensee 
under the Small Business Investment Act of 1958, as amended (``the 
Act''), in connection with the financing of a small business 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). Serra Capital (SBIC) III, L.P. is seeking a written exemption 
from SBA for a proposed financing to ConsortiEX, Inc., 1000 N Water 
Street, Suite 950, Milwaukee, WI 53202.
    The financing is brought within the purview of Sec.  107.730(a) of 
the Regulations because ConsortiEX, Inc. is an Associate of Serra 
Capital (SBIC) III, L.P. because Associate Serra Capital III, L.P. owns 
a greater than ten percent interest in ConsortiEX, Inc., therefore this 
transaction is considered Financing which constitute conflicts of 
interest requiring SBA's prior written 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.

United States Small Business Administration.
Thomas G. Morris,
Acting Associate Administrator, Director, Office of Liquidation, Office 
of Investment and Innovation.
[FR Doc. 2021-16266 Filed 7-29-21; 8:45 am]
BILLING CODE P


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