CommunityExpress Pilot Program, 71363 [E5-6546]

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

Agencies

[Federal Register Volume 70, Number 227 (Monday, November 28, 2005)]
[Notices]
[Page 71363]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-6546]


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SMALL BUSINESS ADMINISTRATION


CommunityExpress Pilot Program

AGENCY: U.S. Small Business Administration (SBA).

ACTION: Notice of Pilot Program extension.

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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.

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 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.

(Authority: 13 CFR 120.3)

James E. Rivera,
Associate Administrator for Financial Assistance.
[FR Doc. E5-6546 Filed 11-25-05; 8:45 am]
BILLING CODE 8025-01-P
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