Notice is hereby given that Contemporary Healthcare Senior Lien Fund I, LP, 1040 Broad Street, Suite 103, Shrewsbury, NJ, 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). Contemporary Healthcare Senior Lien Fund I, LP, proposes to provide a loan to New Port Richey Real Estate, LLC, and New Port Richey Operating, LLC (Villas at Sunset Bay), 7423 Kauai Loop Road, New Port Richey, FL 34653. The financing is contemplated to refinance and discharge a portion of mezzanine financing provided by an Associate (as defined in Sec. 105.50 of the regulations) to pay accrued and capitalized interest, to pay closing costs and for working capital purposes.
The financing is brought within the purview of § 107.730(a)(4) and (d)(2) of the Regulations because Contemporary Healthcare Senior Lien Fund I, LP's Start Printed Page 77581financing will be used to discharge a portion of an Associate's mezzanine financing and represents a financing with an Associate.
Notice is hereby given that any interested person may submit written comments on the transaction to the Associate Administrator for Investment and Innovation, U.S. Small Business Administration, 409 Third Street SW., Washington, DC 20416.
December 7, 2011.
Sean J. Greene,
Associate Administrator for Investment.
[FR Doc. 2011-31962 Filed 12-12-11; 8:45 am]
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