CommunityExpress Pilot Program, 16919 [E8-6550]

Download as PDF Federal Register / Vol. 73, No. 62 / Monday, March 31, 2008 / Notices inspection and copying at the principal office of ISE. All comments received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR–ISE– 2008–28 and should be submitted on or before April 21, 2008. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.11 Florence E. Harmon, Deputy Secretary. [FR Doc. E8–6546 Filed 3–28–08; 8:45 am] BILLING CODE 8011–01–P SBA previously extended CommunityExpress until March 30, 2008 (72 FR 73415) to discuss and develop possible changes and enhancements to the Program. The further extension of this Program until June 30, 2008, will allow SBA to evaluate several program concepts and features designed to improve the potential effectiveness and efficiency of the program and enhance the prospects of success for the small business borrowers under it. 16919 Alabama: Cherokee, Cleburne. South Carolina: Aiken, Allendale, Barnwell. All other information in the original declaration remains unchanged. (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) Herbert L. Mitchell, Associate Administrator for Disaster Assistance. [FR Doc. E8–6552 Filed 3–28–08; 8:45 am] BILLING CODE 8025–01–P (Authority: 13 CFR 120.3) Eric R. Zarnikow, Associate Administrator for Capital Access. [FR Doc. E8–6550 Filed 3–28–08; 8:45 am] BILLING CODE 8025–01–P SMALL BUSINESS ADMINISTRATION [Disaster Declaration # 11198] Kentucky Disaster # KY–00014 SMALL BUSINESS ADMINISTRATION SMALL BUSINESS ADMINISTRATION CommunityExpress Pilot Program [Disaster Declaration # 11196 and # 11197] U.S. Small Business Administration (SBA). ACTION: Notice of Pilot Program extension. Georgia Disaster Number GA–00012 mmaher on PROD1PC76 with NOTICES AGENCY: U.S. Small Business Administration. ACTION: Amendment 1. AGENCY: SUMMARY: This notice announces SBA’s extension of the CommunityExpress Pilot Program until June 30, 2008. This extension will allow SBA to complete and implement a restructuring of the CommunityExpress program. DATES: The CommunityExpress Pilot Program is extended under this notice until June 30, 2008. 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 based on the Agency’s SBAExpress Program. Lenders approved for participation in CommunityExpress are authorized to use the expedited loan processing procedures in place for the SBAExpress 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 their borrowers under the program. Maximum loan amounts under this Program are limited to $250,000. 11 17 CFR 200.30–3(a)(12). VerDate Aug<31>2005 18:00 Mar 28, 2008 Jkt 214001 SUMMARY: This is an amendment of the Presidential declaration of a major disaster for the State of Georgia (FEMA– 1750–DR), dated 03/20/2008. Incident: Severe Storms and Tornadoes. Incident Period: 03/14/2008 through 03/16/2008. EFFECTIVE DATE: 03/22/2008. Physical Loan Application Deadline Date: 05/19/2008. EIDL Loan Application Deadline Date: 12/22/2008. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, 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 Georgia, dated 03/20/ 2008 is hereby amended to include the following areas as adversely affected by the disaster: Primary Counties: Bartow, Burke, Dekalb, Floyd, Jefferson, Polk. Contiguous Counties: Georgia: Chattooga, Emanuel, Glascock, Gordon, Haralson, Henry, Jenkins, Johnson, Mcduffie, Paulding, Pickens, Richmond, Rockdale, Screven, Walker, Warren, Washington. PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 U.S. Small Business Administration. AGENCY: ACTION: Notice. SUMMARY: This is a Notice of the Presidential declaration of a major disaster for Public Assistance Only for the Commonwealth of Kentucky (FEMA–1746–DR), dated 02/21/2008. Incident: Severe Storms, Tornadoes, Straight-line Winds, and Flooding. Incident Period: 02/05/2008 through 02/06/2008. 02/21/2008. Physical Loan Application Deadline Date: 04/21/2008. EFFECTIVE DATE: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. ADDRESSES: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street, SW., Suite 6050, Washington, DC 20416. FOR FURTHER INFORMATION CONTACT: Notice is hereby given that as a result of the President’s major disaster declaration on 02/21/2008, Private Non-Profit organizations that provide essential services of a governmental nature may file disaster loan applications at the address listed above or other locally announced locations. The following areas have been determined to be adversely affected by the disaster: SUPPLEMENTARY INFORMATION: Primary Counties: Adair, Allen, Bath, Carlisle, Casey, Estill, Franklin, Grayson, Hardin, Meade, Mercer, Metcalfe, Monroe, Morgan, Muhlenberg, Shelby. The Interest Rates are: E:\FR\FM\31MRN1.SGM 31MRN1

Agencies

[Federal Register Volume 73, Number 62 (Monday, March 31, 2008)]
[Notices]
[Page 16919]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-6550]


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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 SBA's extension of the CommunityExpress 
Pilot Program until June 30, 2008. This extension will allow SBA to 
complete and implement a restructuring of the CommunityExpress program.

DATES: The CommunityExpress Pilot Program is extended under this notice 
until June 30, 2008.

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 based on the Agency's SBAExpress Program. Lenders 
approved for participation in CommunityExpress are authorized to use 
the expedited loan processing procedures in place for the SBAExpress 
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 their borrowers under the program. Maximum loan amounts under this 
Program are limited to $250,000. SBA previously extended 
CommunityExpress until March 30, 2008 (72 FR 73415) to discuss and 
develop possible changes and enhancements to the Program.
    The further extension of this Program until June 30, 2008, will 
allow SBA to evaluate several program concepts and features designed to 
improve the potential effectiveness and efficiency of the program and 
enhance the prospects of success for the small business borrowers under 
it.

(Authority: 13 CFR 120.3)

Eric R. Zarnikow,
Associate Administrator for Capital Access.
 [FR Doc. E8-6550 Filed 3-28-08; 8:45 am]
BILLING CODE 8025-01-P
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