Small Business Investment Companies; Increase in Maximum Leverage Ceiling, 71363-71364 [E5-6545]

Download as PDF Federal Register / Vol. 70, No. 227 / Monday, November 28, 2005 / Notices SMALL BUSINESS ADMINISTRATION [Disaster Declaration # 10228 and # 10229] New Hampshire Disaster Number NH– 00001 U.S. Small Business Administration. ACTION: Amendment 1. AGENCY: FOR FURTHER INFORMATION CONTACT: Charles Thomas, Office of Financial Assistance, U.S. Small Business Administration, 409 Third Street, SW., Washington, DC 20416; Telephone (202) 205–6490; charles.thomas@sba.gov. The CommunityExpress Pilot Program was established in 1999 as a subprogram of the Agency’s SBAExpress Pilot Program. Lenders approved for participation in CommunityExpress are authorized to use the expedited loan processing procedures in place for the SBAExpress Pilot Program, but the loans approved under this Program must be to distressed or underserved markets. To encourage lenders to make these loans, SBA provides its standard 75–85 percent guaranty, which contrasts to the 50 percent guaranty the Agency provides under SBAExpress. However, under CommunityExpress, participating lenders must arrange and, when necessary, pay for appropriate technical assistance for any borrowers under the program. Maximum loan amounts under this Program are limited to $250,000. SBA previously extended CommunityExpress until November 30, 2005 to consider possible changes and enhancements to the Program (70 FR 56962). The further extension of this Program until May 31, 2006, will allow SBA to more fully evaluate the results and impact of the Program and to consider possible changes and enhancements to the Program. It will also allow SBA to further consult with its lending partners and the small business community about the Program. SUPPLEMENTARY INFORMATION: SUMMARY: This is an amendment of the Presidential declaration of a major disaster for the State of New Hampshire (FEMA–1610–DR), dated 10/26/2005. Incident: Severe Storms and Flooding. Incident Period: 10/07/2005 through 10/18/2005. Effective Date: 11/17/2005. Physical Loan Application Deadline Date: 12/27/2005. EIDL Loan Application Deadline Date: 07/26/2006. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, National Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street, SW., Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: The notice of the Presidential disaster declaration for the State of New Hampshire, dated 10/26/2005 is hereby amended to include the following areas as adversely affected by the disaster: Primary County: Belknap. All other information in the original declaration remains unchanged. (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) Cheri L. Cannon, Acting Associate Administrator for Disaster Assistance. [FR Doc. E5–6542 Filed 11–25–05; 8:45 am] BILLING CODE 8025–01–P James E. Rivera, Associate Administrator for Financial Assistance. [FR Doc. E5–6546 Filed 11–25–05; 8:45 am] BILLING CODE 8025–01–P CommunityExpress Pilot Program SMALL BUSINESS ADMINISTRATION U.S. Small Business Administration (SBA). ACTION: Notice of Pilot Program extension. Export Express Pilot Program U.S. Small Business Administration (SBA). AGENCY: SUMMARY: This notice announces the extension of SBA’s CommunityExpress Pilot Program until May 31, 2006. This extension will allow time for SBA to complete its decision making regarding potential modifications and enhancements to the Program. DATES: The CommunityExpress Pilot Program is extended under this notice until May 31, 2006. VerDate Aug<31>2005 15:28 Nov 25, 2005 Jkt 208001 The Export Express Pilot Program is extended under this notice until May 31, 2006. FOR FURTHER INFORMATION CONTACT: Charles Thomas, Office of Financial Assistance, U.S. Small Business Administration, 409 Third Street, SW., Washington, DC 20416; Telephone (202) 205–6490; charles.thomas@sba.gov. SUPPLEMENTARY INFORMATION: The Export Express Pilot Program was established as a subprogram of the Agency’s SBAExpress Pilot Program. It was established in 1998 to assist current and prospective small exporters, particularly those needing revolving lines of credit. Export Express generally conforms to the streamlined procedures of SBAExpress, although it carries SBA’s full 75–85 percent guaranty. The maximum loan amount under this Program is limited to $250,000. SBA previously extended Export Express until November 30, 2005 to consider possible changes and enhancements to the Program (70 FR 56962). The further extension of this Program until May 31, 2006, will allow SBA to more fully evaluate the results and impact of the Program and to consider possible changes and enhancements to the Program. It will also allow SBA to further consult with its lending partners and the small business community about the Program. DATES: (Authority: 13 CFR 120.3) James E. Rivera, Associate Administrator for Financial Assistance. [FR Doc. E5–6547 Filed 11–25–05; 8:45 am] BILLING CODE 8025–01–P (Authority: 13 CFR 120.3) SMALL BUSINESS ADMINISTRATION AGENCY: 71363 Notice of Pilot Program extension. ACTION: SUMMARY: This notice announces the extension of SBA’s Export Express Pilot Program until May 31, 2006. This extension will allow time for SBA to complete its decisionmaking regarding potential modifications and enhancements to the Program. PO 00000 Frm 00102 Fmt 4703 Sfmt 4703 SMALL BUSINESS ADMINISTRATION Small Business Investment Companies; Increase in Maximum Leverage Ceiling 13 CFR 107.1150(a) sets forth the maximum amount of Leverage (as defined in 13 CFR 107.50) that a Small Business Investment Company may have outstanding at any time. The maximum Leverage amounts are adjusted annually based on the increase in the Consumer Price Index published by the Bureau of Labor Statistics. The cited regulation states that SBA will publish the indexed maximum Leverage amounts each year in a Notice in the Federal Register. Accordingly, effective the date of publication of this Notice, and until further notice, the maximum Leverage amounts under 13 CFR 107.1150(a) are as stated in the following table: E:\FR\FM\28NON1.SGM 28NON1 71364 Federal Register / Vol. 70, No. 227 / Monday, November 28, 2005 / Notices If your Leverageable capital is: (1) (2) (3) (4) Then your maximum Leverage is: Not over $20,700,000 ......................................................................... Over $20,700,000 but not over $41,500,000 ..................................... Over $41,500,000 but not over $62,200,000 ..................................... Over $62,200,000 ............................................................................... (Catalog of Federal Domestic Assistance Program No. 59.011, small business investment companies) Dated: November 18, 2005. ´ Jaime Guzman-Fournier, Associate Administrator for Investment. [FR Doc. E5–6545 Filed 11–25–05; 8:45 am] BILLING CODE 8025–01–P DEPARTMENT OF STATE [Public Notice 5172] FY 2005 Funding Under the Research and Training for Eastern Europe and the Independent States of the Former Soviet Union Act of 1983 (Title VIII) Deputy Secretary of State Robert B. Zoellick approved on July 20, 2005, the FY 2005 funding recommendations of the Advisory Committee for the Study of Eastern Europe and the Independent States of the Former Soviet Union. The FY 2005 Title VIII Program grants were awarded in late September 2005. The Title VIII Program, administered by the U.S. Department of State, seeks to build expertise on the countries of Eurasia and Central and East Europe through support to national organizations in the U.S. for advanced research, language and graduate training, and other activities conducted domestically and overseas. The FY 2005 grant recipients are listed below. 1. American Council of Learned Societies Grant: $517,000 ($517,000 Southeast Europe). Purpose: To support Individual Language Training Grants; Institutional Language Grants; Institutional Advanced Mastery Grants; the Dissertation Fellowships; the Junior Scholars’ Training Seminar; and the Post-Doctoral Research Fellowships. Contact: Andrzej W. Tymowski, Director of International Programs, American Council of Learned Societies, 633 Third Avenue, New York, NY 10017–6795, Tel: (646) 485–5945, Fax: (212) 949–8058, E-mail: ANDRZEJ@acls.org. 2. American Councils for International Education Grant: $525,000 ($425,000-Eurasia, $100,000-Southeast Europe). VerDate Aug<31>2005 15:28 Nov 25, 2005 Jkt 208001 300 percent of Leverageable Capital $62,100,000 + [2 × (Leverageable Capital—$20,700,000)] $103,700,000 + (Leverageable Capital—$41,500,000) $124,400,000 Purpose: To support fellowships for research and language training programs in Eurasia and Southeast Europe, including Advanced Russian Language and Area Studies Grants; Eurasia Regional Language Program Grants; Combined Research and Language Training Fellowships on Eurasia; Research Scholar Fellowships on Eurasia and Southeast Europe; Special Initiatives Research Fellowships on Central Asia and the Caucasus; Russian Language Flagship Fellowships; and Southeast Europe Language Fellowships. Contact: Graham Hettlinger, Program Manager, American Councils for International Education, 1776 Massachusetts Avenue, NW., Suite 700, Washington, DC 20036, Tel: (202) 833–7522, ext. 168, Fax: (202) 833– 7523, E-mail: hettlinger@actr.org. 3. International Research and Exchanges Board Grant: $801,000 ($500,000-Eurasia; $301,000-Southeast Europe). Purpose: To support Individual Advanced Research Opportunities on policy relevant topics on Eurasia and Southeast Europe; Short-term Travel Grants, including four fellowships at embassies; Policy Connect Program for Collaborative Research; and the Regional Policy Symposium on EU Borderlands in conjunction with the Woodrow Wilson Center. Contact: Joyce Warner, Director, Academic Exchanges and Research Division, International Research and Exchanges Board, 2121 K Street, NW., Suite 700, Washington, DC 20037, Tel: (202) 628–8188, Fax: (202) 628–8189, Email: jwarner@irex.org. 6. National Council for Eurasian and East European Research Grant: $1,017,000 ($690,000-Eurasia; $327,000-Southeast Europe). Purpose: To support the research contracts and fellowship grants of the National Research Program; the Hewett Fellowships; the Short-term Research Fellowships; and the Policy Research Fellowships. Contact: Robert Huber, President, National Council for Eurasian and East European Research 910 Seventeenth Street, NW., Suite 300, Washington, DC 20006, Tel: (202) 822–6950, Fax: (202) 822–6955, E-mail: dc@nceeer.org. PO 00000 Frm 00103 Fmt 4703 Sfmt 4703 5. Social Science Research Council Grant: $700,000 ($700,000-Eurasia). Purpose: To support advanced graduate and dissertation fellowships; post-doctoral fellowships; one dissertation workshop; the Training Seminar in Policy Research; the institutional language programs for advanced Russian and other Eurasian languages; and outreach and fieldbuilding activities. Contact: Anthony Koliha, Assistant Director, Eurasia Program, Social Science Research Council, 810 Seventh Avenue, 31st Floor, New York, NY 10019, Tel: (212) 377–2700, Fax: (212) 377–2727 E-mail: koliha@ssrc.org. 6. University of Illinois at UrbanaChampaign Grant: $175,000 ($125,000-Eurasia; $50,000-Southeast Europe). Purpose: To support the Slavic Reference Service, which provides assistance to scholars in locating hardto-find resources through electronic library resources, and electronic delivery of reference materials and resources; the Summer Research Laboratory, which provides two weeks of housing for associates pursuing policy relevant research on Russia, Southeast Europe, and Eurasia; a Balkans Studies Workshop for Junior Scholars and a Russian-Jewish Studies Training Workshop for Junior Scholars; and travel grants for doctoral students to conduct policy relevant research on Eurasia and Southeast Europe at the University of Illinois. Contact: Merrily Shaw, Assistant to the Director of the Russian and East European Center, University of Illinois at Urbana-Champaign, 104 International Studies Building, 910 South Fifth Street, Champaign, IL 61820, Tel: (217) 244– 4721/333–1244, Fax: (217) 333–1582, Email: mshaw2@uiuc.edu or reec@uiuc.edu. 7. University of Michigan: William Davidson Institute and Institute for Social Research Grant: $100,000 (100,000-Eurasia). Purpose: To support grants for research projects on business development, public policy and social research on Eurasia. Contact: Kelly Janiga, Manager of Research Programs, The William Davidson Institute, University of E:\FR\FM\28NON1.SGM 28NON1

Agencies

[Federal Register Volume 70, Number 227 (Monday, November 28, 2005)]
[Notices]
[Pages 71363-71364]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-6545]


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SMALL BUSINESS ADMINISTRATION


Small Business Investment Companies; Increase in Maximum Leverage 
Ceiling

    13 CFR 107.1150(a) sets forth the maximum amount of Leverage (as 
defined in 13 CFR 107.50) that a Small Business Investment Company may 
have outstanding at any time. The maximum Leverage amounts are adjusted 
annually based on the increase in the Consumer Price Index published by 
the Bureau of Labor Statistics. The cited regulation states that SBA 
will publish the indexed maximum Leverage amounts each year in a Notice 
in the Federal Register.
    Accordingly, effective the date of publication of this Notice, and 
until further notice, the maximum Leverage amounts under 13 CFR 
107.1150(a) are as stated in the following table:

[[Page 71364]]



------------------------------------------------------------------------
    If your Leverageable capital is:      Then your maximum Leverage is:
------------------------------------------------------------------------
(1) Not over $20,700,000...............  300 percent of Leverageable
                                          Capital
(2) Over $20,700,000 but not over        $62,100,000 + [2 x
 $41,500,000.                             (Leverageable Capital--
                                          $20,700,000)]
(3) Over $41,500,000 but not over        $103,700,000 + (Leverageable
 $62,200,000.                             Capital--$41,500,000)
(4) Over $62,200,000...................  $124,400,000
------------------------------------------------------------------------


(Catalog of Federal Domestic Assistance Program No. 59.011, small 
business investment companies)

    Dated: November 18, 2005.
Jaime Guzm[aacute]n-Fournier,
Associate Administrator for Investment.
[FR Doc. E5-6545 Filed 11-25-05; 8:45 am]
BILLING CODE 8025-01-P
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