Seacoast Capital Partners IV, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest, 94005 [2016-30872]

Download as PDF Federal Register / Vol. 81, No. 246 / Thursday, December 22, 2016 / Notices the protection of investors, or otherwise in furtherance of the purposes of the Exchange Act. V. Conclusion The Commission believes that the Modification Application demonstrates that EB will have sufficient operational capabilities to facilitate prompt and accurate collateral management services and to support the establishment of linked and coordinated facilities for the settlement of obligations under its collateral management services in support of securities transactions. The Commission also notes that EB’s exemption will be subject to conditions that are designed to enable the Commission to monitor EB’s operational capacity and safeguards, corporate structure, and ability to operate in a manner to further the purposes of Section 17A of the Exchange Act. Further, the conditions include a robust set of reporting requirements that will allow the Commission to monitor the growth and development of EB’s exempted clearing agency activities so that the Commission will be well positioned to evaluate whether and when any modifications to the terms and conditions set forth above are necessary. Therefore, for the reasons discussed throughout this order, the Commission finds that the Modification Application is consistent with the public interest, the protection of investors, and the purposes of Section 17A of the Exchange Act. It is hereby ordered, pursuant to Section 17A(b)(1) of the Exchange Act, that the application for a modification of EB’s exemption from registration as a clearing agency under Section 17A(b)(1) of the Exchange Act filed by EB on May 9, 2016 (File No. 601–01) be, and hereby is, approved within the scope described in this order and subject to the terms and conditions contained in this order. By the Commission. Brent J. Fields, Secretary. [FR Doc. 2016–30853 Filed 12–21–16; 8:45 am] BILLING CODE 8011–01–P SMALL BUSINESS ADMINISTRATION for the Commonwealth of MASSACHUSETTS dated 12/14/2016. Incident: Ten Alarm Fire. Incident Period: 12/03/2016. Effective Date: 12/14/2016. Physical Loan Application Deadline Date: 02/13/2017. Economic Injury (EIDL) Loan Application Deadline Date: 09/14/2017. Dated: December 14, 2016. Maria Contreras-Sweet, Administrator. Submit completed loan applications to: U.S. Small Business Administration, Processing And Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. Seacoast Capital Partners IV, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest ADDRESSES: out Credit Available Elsewhere ..................................... For Economic Injury: Businesses and Small Agricultural Cooperatives Without Credit Available Elsewhere ... Non-Profit Organizations Without Credit Available Elsewhere ..................................... 2.500 sradovich on DSK3GMQ082PROD with NOTICES Jkt 241001 PO 00000 Frm 00125 Fmt 4703 Sfmt 4703 December 13, 2016. Mark L. Walsh, Associate Administrator for Investment. [FR Doc. 2016–30872 Filed 12–21–16; 8:45 am] BILLING CODE P 2.500 SMALL BUSINESS ADMINISTRATION (Catalog of Federal Domestic Assistance Number 59008) 19:00 Dec 21, 2016 [License No. 01/01–0434] 3.125 This is a notice of an Administrative declaration of a disaster VerDate Sep<11>2014 SMALL BUSINESS ADMINISTRATION Notice is hereby given that Seacoast Capital Partners IV, L.P., 555 Ferncroft Road, Danvers, MA 01923, 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 SUPPLEMENTARY INFORMATION: Notice is an exemption under Section 312 of the hereby given that as a result of the Act and Section 107.730, Financings Administrator’s disaster declaration, which Constitute Conflicts of Interest of applications for disaster loans may be filed at the address listed above or other the Small Business Administration (‘‘SBA’’) Rules and Regulations (13 CFR locally announced locations. 107.730). Seacoast Capital Partners IV, The following areas have been L.P., proposes to provide debt/equity determined to be adversely affected by security financing to Northwest the disaster: Cascade, Inc., 10412 John Bananola Way Primary Counties: Middlesex. E, Puyallup, WA 98374 (‘‘NWC’’). Contiguous Counties: The financing is brought within the purview of § 107.730(a)(1) of the Massachusetts: Essex, Norfolk, Regulations because Seacoast Capital Suffolk, Worcester. Partners III, L.P. an Associate of New Hampshire: Hillsborough. Seacoast Capital Partners IV, L.P., owns The Interest Rates are: more than five percent of NWC, and will receive proceeds from this transaction, Percent and therefore this transaction is considered a financing of an Associate For Physical Damage: requiring prior SBA approval. Homeowners With Credit AvailNotice is hereby given that any able Elsewhere ...................... 3.000 interested person may submit written Homeowners Without Credit Available Elsewhere .............. 1.500 comments on the transaction, within Businesses With Credit Availfifteen days of the date of this able Elsewhere ...................... 6.250 publication, to the Associate Businesses Without Credit Administrator for Investment, U.S. Available Elsewhere .............. 3.125 Small Business Administration, 409 Non-Profit Organizations With Third Street SW., Washington, DC Credit Available Elsewhere ... 2.500 20416. Non-Profit Organizations With- AGENCY: SUMMARY: BILLING CODE 8025–01–P A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW., Suite 6050, Washington, DC 20416. The number assigned to this disaster for physical damage is 15009 5 and for economic injury is 15010 0. The States which received an EIDL Declaration # are Massachusetts, New Hampshire. U.S. Small Business Administration. ACTION: Notice. [FR Doc. 2016–30878 Filed 12–21–16; 8:45 am] FOR FURTHER INFORMATION CONTACT: [Disaster Declaration #15009 and #15010] Massachusetts Disaster #MA–00069 94005 [Disaster Declaration #15007 and #15008] Alabama Disaster #AL–00078 U.S. Small Business Administration. ACTION: Notice. AGENCY: This is a notice of an Administrative declaration of a disaster SUMMARY: E:\FR\FM\22DEN1.SGM 22DEN1

Agencies

[Federal Register Volume 81, Number 246 (Thursday, December 22, 2016)]
[Notices]
[Page 94005]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-30872]


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SMALL BUSINESS ADMINISTRATION

[License No. 01/01-0434]


Seacoast Capital Partners IV, L.P.; Notice Seeking Exemption 
Under Section 312 of the Small Business Investment Act, Conflicts of 
Interest

    Notice is hereby given that Seacoast Capital Partners IV, L.P., 555 
Ferncroft Road, Danvers, MA 01923, 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). 
Seacoast Capital Partners IV, L.P., proposes to provide debt/equity 
security financing to Northwest Cascade, Inc., 10412 John Bananola Way 
E, Puyallup, WA 98374 (``NWC'').
    The financing is brought within the purview of Sec.  107.730(a)(1) 
of the Regulations because Seacoast Capital Partners III, L.P. an 
Associate of Seacoast Capital Partners IV, L.P., owns more than five 
percent of NWC, and will receive proceeds from this transaction, and 
therefore this transaction is considered a financing of an Associate 
requiring prior 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 for Investment, U.S. 
Small Business Administration, 409 Third Street SW., Washington, DC 
20416.

    December 13, 2016.
Mark L. Walsh,
Associate Administrator for Investment.
[FR Doc. 2016-30872 Filed 12-21-16; 8:45 am]
 BILLING CODE P
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