-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Q+mzz0aAx4QA0n7t5nNaADtTcl9X0RltW8tpw5xDJkpe2BG2vhGiWwgR3QiYxHDM ji+uix5s2M8A4jMre4/lnw== 0001064015-09-000017.txt : 20091026 0001064015-09-000017.hdr.sgml : 20091026 20091026115047 ACCESSION NUMBER: 0001064015-09-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20091026 ITEM INFORMATION: Other Events FILED AS OF DATE: 20091026 DATE AS OF CHANGE: 20091026 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERITRANS CAPITAL CORP CENTRAL INDEX KEY: 0001064015 IRS NUMBER: 522102424 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 814-00193 FILM NUMBER: 091136141 BUSINESS ADDRESS: STREET 1: 747 THIRD AVENUE STREET 2: 4TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2123552449 MAIL ADDRESS: STREET 1: 747 THIRD AVENUE STREET 2: 4TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 8-K 1 october2620098kresbaloan.htm FORM 8-K U

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K


Current Report Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934



October 26, 2009

------------

Date of Report

(Date of Earliest Event Reported)



AMERITRANS CAPITAL CORPORATION



(Exact name of Registrant as specified in its charter)



Delaware                   333-63951             52-2102424

-------------------------------      -----------         ----------------

(State or other jurisdiction of      (Commission         (I.R.S. Employee

incorporation or organization)        File No.)            I.D. Number)


747 Third Avenue,   4th Floor

New York, New York 10017

-------------------------------------------------

(Address of principal executive offices    (Zip Code)


(212) 355-2449

------------------------

(Registrant's telephone number, including area code)


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


[ ]   Written communications pursuant to Rule 425 under the  Securities Act (17 CFR 230.425)


[ ]   Soliciting material pursuant to Rule 14a-12 under  the Exchange Act(17CFR240.14a-12)


[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR240.14d-2(b))


[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR240.13e-4(c))

  --------------------------------------------------------------------------------





Items to be Included in this Report


Item 8.01.  Other Events

 

Ameritrans Capital Corporation (the "Company") issued a press release to the news media announcing that its wholly owned subsidiary, Elk Associates Funding Corporation, a licensed Small Business Investment Company, received written approval from the Small Business Administration that it had been granted a commitment for $9,175,000 in Small Business Administration long term guaranteed debentures.


A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.


The information furnished is not deemed "filed" for  purposes of Section 18 of the Securities Exchange Act

 of 1934, as amended, is not subject to the liabilities of that section and is not deemed  incorporated by reference in any filing under the Securities Act of 1933, as amended.


 

  

                                    SIGNATURES


 Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly authorized and caused the undersigned to sign this Report on the Registrant's behalf.


                                           AMERITRANS CAPITAL CORPORATION



                                           By:  /s/ Michael Feinsod

                                              ----------------------------------

                                                Name:  Michael Feinsod

                                                Title: Chief Executive Officer and President



Dated: October 26, 2009



Exhibit Index



Exhibit

Number                   Description

 

99.1                     Press Release dated October 26, 2009







 EX-99 2 finaloctober262009pressrelea.htm EXHIBIT 99 PRESS RELEASE Ameritrans Capital Corporation Announces June 30, 2008 Financial Results

For Immediate Release


Ameritrans Capital Corporation

For more information Contact:

Michael Feinsod

(212) 355-2449


Ameritrans Capital Corporation Subsidiary Receives Commitment for SBA Guaranteed Debentures


New York, NY, October 26, 2009 –Ameritrans Capital Corporation (Nasdaq: AMTC, AMTCP) announced today that its wholly owned subsidiary, Elk Associates Funding Corporation, a licensed Small Business Investment Company, received written approval from the Small Business Administration that it had been granted a commitment for $9,175,000 in Small Business Administration long term guaranteed debentures.

According to Ameritrans CEO and President Michael Feinsod, “Our ability to successfully access this source of capital is a strong advantage in current markets and an affirmation of SBA’s confidence in our business model, skills and ability to fund small and middle-market businesses.  This commitment will allow the Company to expand its investment portfolio more than 33% in terms of our assets.  We look forward to this opportunity for growth.”

Mr. Feinsod added, “These debentures have a ten year term and a fixed interest rate to be set at the time of pooling.  These debentures are in addition to the existing $12 million of debentures that Elk Associates Funding Corporation currently has outstanding.  Based upon current SBA guidelines, Elk may in the future, and under certain conditions, apply for approximately $10.5 million in additional SBA guaranteed debentures.   With currently low interest rates in the US Treasury market, any new ten year debentures sold to the SBA will represent an attractive source of long-term financing.”

ABOUT AMERITRANS CAPITAL CORPORATION

Ameritrans Capital Corporation is an internally managed, closed-end investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended. Ameritrans originates structures and manages a portfolio of secured business loans and selected equity investments. Ameritrans' wholly owned subsidiary Elk Associates Funding Corporation is licensed by the United States Small Business Administration as a Small Business Investment Company (SBIC). The Company maintains its offices at 747 Third Avenue, 4th Floor, New York, NY 10017.

FORWARD-LOOKING STATEMENTS

Statements included herein may constitute “forward-looking statements,” which relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results and condition may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. Ameritrans Capital Corporation undertakes no duty to update any forward-looking statements made herein.

AVAILABLE INFORMATION

Ameritrans Capital Corporation's filings with the Securities and Exchange Commission, press releases, earnings releases and other financial information are available on its website at www.ameritranscapital.com.



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