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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
AMERITRANS CAPITAL CORPORATION
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(Name of Issuer)
COMMON STOCK, $.0001 PAR VALUE
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(Title of Class of Securities)
03073H108
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(CUSIP Number)
CRAIG
STURSBERG & VEITH
405 LEXINGTON AVENUE, SUITE 4949, NEW YORK, NY 10174-4902
(212) 922-1177
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
12/16/99
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(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement of Schedule 13G to report
the acquisition which is the subject of the Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with this statement [X]. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filed out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(Continued on following page(s))
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CUSIP No. 03073H108 13D
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
STEVEN ETRA
###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
SC The shares were acquired as part of a share exchange, on a one-for-one
basis, with Elk Associates Funding Corporation
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 55,494
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 77,522
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 55,494
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
77,522
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
133,016*
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ X ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.62%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Schedule 13D/A
Item 1. Security and Issuer
This statement relates to the Common Stock, $.0001 Par Value of
Ameritrans Capital Corporation, 747 Third Avenue, 4th Floor, New York,
NY 10017.
Item 2. Identity and Background
(a) Steven Etra
(b) Manufacturers Corrugated Box
58-30 57th Street
Naspeth, NY 11378
(c) Corporate Executive
(d) None
(e) None
(f) USA
Item 3. Source and Amount of Funds or Other Consideration
The shares were acquired as part of a share exchange, on a one-for-one
basis, with Elk Associates Funding Corporation.
Item 4. Purpose of Transaction
See Item 3.
Item 5. Interest in Securities of the Issuer
See Items 7 through 13 of this Schedule 13D. To the knowledge of Steven
Etra, the issuer has 1,745,600 shares of Common Stock, par value $.0001 per
share outstanding on the date hereof.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
None.
Item 7. Material to be Filed as Exhibits
None
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Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: December 27, 1999 /s/ STEVEN ETRA
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Signature
STEVEN ETRA
-----------------------------------
Name/Title
Excludes 17,500 options for the purchase of 17,500 shares of common stock,
par value $.0001, which options are exercisable immediately and expire ten years
from the date of grant. Also includes 25,022 shares held with his wife as a
joint tenants and 27,000 shares held by his wife. Also includes 1,500 shares
held by Mr. Etra's son. Includes 10,000 shares held by SRK Associates, LLC, a
limited liability company controlled by Mr. Etra and 10,000 shares held by
Lance Property Developmenbt Pension Plan of which pension plan Mr. Etra is a
trustee.
