-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GEQ+i6XZG2smZcy13Dz6cK1JQ4A10cPoqq1QwXsh7LW+wF0ESjh0HM0OjUSji+M9
 YzJV60RN/Yap5/1QwGX3QQ==

<SEC-DOCUMENT>0001169232-03-004218.txt : 20080626
<SEC-HEADER>0001169232-03-004218.hdr.sgml : 20080626
<ACCEPTANCE-DATETIME>20030616145128
ACCESSION NUMBER:		0001169232-03-004218
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030523
FILED AS OF DATE:		20030616
DATE AS OF CHANGE:		20080620

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERITRANS CAPITAL CORP
		CENTRAL INDEX KEY:			0001064015
		IRS NUMBER:				522102424
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0607

	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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GRANOFF GARY C
		CENTRAL INDEX KEY:			0000941883

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-00193
		FILM NUMBER:		03745378

	BUSINESS ADDRESS:	
		STREET 1:		ELK ASSOCIATES FUNDING CORP
		STREET 2:		747 THIRD AVE, 4TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		800-214-1047

	MAIL ADDRESS:	
		STREET 1:		C/O ELK ASSOCIATES FUNDING CORP
		STREET 2:		747 THIRD AVE 4TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>d03-56061_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   05/30/03  TZ    -->
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-05-23</periodOfReport>
   <notSubjectToSection16>1</notSubjectToSection16>
    <issuer>
        <issuerCik>0001064015</issuerCik>
        <issuerName>AMERITRANS CAPITAL CORP</issuerName>
        <issuerTradingSymbol>AMTC</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
      <reportingOwnerId>
            <rptOwnerCik>0000941883</rptOwnerCik>
            <rptOwnerName>GRANOFF GARY C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>1</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>President</officerTitle>
       </reportingOwnerRelationship>
   </reportingOwner>
   <nonDerivativeSecurity>
      <securityTitle>
         <value>Common Stock Par value $.0001</value>
      </securityTitle>
      <transactionDate>
         <value>2003-06-12</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>P</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>500</value>
         </transactionShares>
         <transactionValue>
           <value>4.50</value>
         </transactionValue>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
     <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>12000</value>
            <footnoteId id="F1"/>
            <footnoteId id="F2"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
            <value>Owned by J and H Associates Ltd Pts, whose general partner is GCG.</value>
         </natureOfOwnership>
      </ownershipNature>
   </nonDerivativeSecurity>
   <nonDerivativeSecurity>
      <securityTitle>
         <value>Common Stock Par value $.0001</value>
      </securityTitle>
      <transactionDate>
         <value>2003-06-13</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>P</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>1500</value>
         </transactionShares>
         <transactionValue>
           <value>4.50</value>
         </transactionValue>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
     <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>12000</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
            <value>Owned by J and H Associates Ltd Pts, whose general partner is GCG.</value>
         </natureOfOwnership>
      </ownershipNature>
   </nonDerivativeSecurity>
   <footnotes>
<footnote id="F1"> Excludes 209,280 shares owned directly, and 30,533 shares beneficially owned by Granoff's wife which he disclaims beneficial ownership. Granoff has indirect ownership of 104,745 shares and beneficially owns 33,300 immediately exercisable derivative securities as follows: (i) 16,900 shares owned by Granoff and others as trustees for Granoff Family Foundation; (ii) 261 shares held by GCG Associates Inc., a corp. controlled by Granoff; (iii) 77,584 shares owned by DAPARY Management Corp., a corp. controlled by Granoff'; (iv) a option owned by Granoff exercisable into 30,000 shares; (v) 1,800 Warrants owned by Granoff; (vi) 500 Warrants owned by DAPARY; and (vii) 1,000 Warrants owned by J and H.</footnote>
<footnote id="F2"> Excludes 1,000 shares of Preferred Stock beneficially owned by Granoff's wife which he disclaims beneficial ownership. Granoff has indirect ownership of 1,500 shares of PS: (i) 500 shares owned by DAPARY, and (ii) 1,000 shares owned by J and H.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Gary C. Granoff</signatureName>
      <signatureDate>2003-06-16</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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