Notice is hereby given that Solutions Capital I, L.P., 1100 Wilson Blvd, Suite 3000, Arlington, VA 22209, 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). Solutions Capital I, L.P., proposes to provide equity/debt security financing to Jet Plastica Industries, Inc., 1100 Schwab Road, Hatfield, PA 19440. The financing is contemplated for working capital and general corporate purposes.
The financing is brought within the purview of § 107.73 0(a)(1) of the Regulations because MCG Capital Corporation, an Associate of Solutions Capital I, L.P., owns more than ten percent of Jet Plastica Industries, Inc.; therefore Jet Plastica Industries, Inc. is considered an Associate of Solutions Capital I, L.P., as defined in Sec. 105.50 of the regulations.
Notice is hereby given that any interested person may submit written comments on the transaction to the Associate Administrator for Investment, U.S. Small Business Administration, 409 Third Street, SW., Washington, DC 20416.Start Signature
December 1, 2008.
A. Joseph Shepard,
Associate Administrator for Investment.
[FR Doc. E8-29725 Filed 12-17-08; 8:45 am]
BILLING CODE 8025-01-P