Source Capital Credit Opportunities V, L.P.; Conflicts of Interest Exemption

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Published

May 7, 2025

Issuing agencies

Small Business Administration

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<title>Federal Register, Volume 90 Issue 87 (Wednesday, May 7, 2025)</title>
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[Federal Register Volume 90, Number 87 (Wednesday, May 7, 2025)]
[Notices]
[Page 19366]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-07914]


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SMALL BUSINESS ADMINISTRATION

[License No. 30002169]


Source Capital Credit Opportunities V, L.P.; Conflicts of 
Interest Exemption

    Notice is hereby given that Source Capital Credit Opportunities V, 
L.P., 3060 Peachtree Road, Suite 1830, Atlanta, GA 30305, 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 13 
CFR 107.730, Financings which Constitute Conflicts of Interest of the 
Code of Federal Regulations. Source Capital Credit Opportunities V, 
L.P. is seeking a prior written exemption from US Small Business 
Administration (``SBA'') for a proposed financing to Property Rate LLC, 
1855 W Katella Avenue #100, Orange, CA 92867.
    The financing is brought within the purview of 13 CFR 107.730(a) of 
the Regulations because Property Rate LLC is an Associate of Source 
Capital Credit Opportunities V, L.P. because Associate Source Capital 
Credit Opportunities IV, L.P. owns a greater than ten percent interest 
in Property Rate LLC, therefore this transaction is considered 
Financings 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.

Paul Salgado,
Director, Investment Portfolio Management, Office of Investment and 
Innovation, U.S. Small Business Administration.
[FR Doc. 2025-07914 Filed 5-6-25; 8:45 am]
BILLING CODE P


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