SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A2
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULE 13d-1
Under the Securities Exchange Act of 1934
AMERITRANS CAPITAL CORPORATION
(Name of Issuer)
Common stock, $.0001 Par Value
(Title of Class of Securities)
03073H108
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
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* The remainder of this cover page shall be filled 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).
<PAGE>
CUSIP No. 267166102 13G Page 2 of 5 Pages
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1. NAME OF REPORTING PERSON(S) S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON(S)
Gary C. Granoff
###-##-####
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5. SOLE VOTING POWER
234,142
NUMBER OF --------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 91,245
EACH --------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 234,142
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
91,245
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
325,387
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[X]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.69%
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12. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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13G Page 3 of 5 Pages
Item 1. (a) Name of Issuer:
Ameritrans Capital Corporation
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(b) Address of Issuer's Principal Executive Offices:
747 Third Avenue, 4th Fl, NY NY 10017
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Item 2. (a) Name of Person Filing:
Gary C. Granoff
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(b) Address of Principal Business Office, or if None, Residence:
c/o Ameritrans Capital Corp., 747 Third Ave. 4th Fl. NY NY 10017
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(c) Citizenship
U.S.A.
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(d) Title of Class of Securities:
Common Stock, Par Value $.0001
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(e) CUSIP Number:
03073H108
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Item 3. If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b), check whether the person filing is: N/A
(a) [ ] Broker or Dealer registered under Section 15 of the Act,
(b) [ ] Bank as defined in Section 3(a)(6) of the Act,
(c) [ ] Insurance Company as defined in Section 7(a)(19) of the Act,
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act,
(e) [ ] Investment Company registered under Section 203 of the
Investment Advisers Act of 1940,
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to the
provision of the Employee Retirement Income Security Act of
1974 or Endowment Fund, see Section 240.13d-1(b)(ii)(F), see
Item 7,
(g) [ ] Parent Holding Company, in accordance with Section
240.13d-1(b)(1)(ii)(G), see Item 7,
(h) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(H).
<PAGE>
13G Page 4 of 5 Pages
Item 4. Ownership.
If more than five percent of the class is owned, indicate:
(a) Amount beneficially owned: 325,387
(b) Percent of class: 18.69%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 234,142
(ii) Shared power to vote or to direct the vote 91,245
(iii) Sole power to dispose or to direct the disposition of
234,142,
(iv) Shared power to dispose or to direct the disposition of
91,245
(d) Shares which there is a right to acquire: 30,000
Item 5. Ownership of Five Percent or Less of a Class.
N/A
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
N/A
Item 7. Identification and Classification of the Subsidiary which Acquired
the Security Being Reported on By the Parent Holding Company.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification.
By signing below -I/we- certify that, to the best of my/our knowledge
and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the control of
the issuer of such securities and were not acquired in connection with
or as a participant in any transaction having such purpose or effect.
<PAGE>
13G Page 5 of 5 Pages
Signature
After reasonable inquiry and to the best of my knowledge and belief,
-I/we- certify that the information set forth in this statement is
true, complete and correct.
Date: December 7, 2000
/s/ Gary C. Granoff
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(Signature)*
Gary C. Granoff
-----------------------------------
(Name/Title)
* Attention. Intentional misstatements or omissions of fact constitute
federal criminal violations (see 16 U.S.C. 1001).
* Excludes 25,933 shares owned directly and indirectly by Mr. Granoff's
wife as to which he disclaims beneficial ownership. Includes 30,000 options for
the purchase of 30,000 shares of common stock, par value $.0001, which options
are exercisable immediately and expire five years from the date of grant. Also
includes 10,900 shares owned by the Granoff Family Foundation, a charitable
foundation for which Mr. Granoff and his father, mother and brother are
trustees. Also includes 261 shares held by GCG Associates Inc., a corporation
controlled by Mr. Granoff. Also includes 77,084 shares owned by DAPARY
Management Corp., a corporation controlled by Mr. Granoff. Also includes 3,000
shares owned by J & H Associates Ltd PTS., a partnership whose general partner
is GCG Associates Inc., a corporation controlled by Mr. Granoff.
