[Federal Register Volume 70, Number 188 (Thursday, September 29, 2005)]
[Notices]
[Pages 56962-56963]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-19441]


-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION


Export Express Pilot Program

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

[[Page 56963]]


ACTION: Notice of Pilot Program extension.

-----------------------------------------------------------------------

SUMMARY: This notice announces the extension of SBA's Export Express 
Pilot Program until November 30, 2005. This extension will allow time 
for SBA to complete its decision making regarding potential 
modifications and enhancements to the Program.

DATES: The Export Express Pilot Program is extended under this notice 
until November 30, 2005.

FOR FURTHER INFORMATION CONTACT: Charles Thomas, Office of Financial 
Assistance, U.S. Small Business Administration, 409 Third Street, 
Washington, DC 20416; Telephone (202) 205-6490; [email protected].

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 
and carriers SBA's full 75-85 percent guaranty. The maximum loan amount 
under this Program is limited to $250,000. The extension of this 
Program until November 30, 2005, will allow the 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)

Michael W. Hager,
Associate Deputy Administrator.
[FR Doc. 05-19441 Filed 9-28-05; 8:45 am]
BILLING CODE 8025-01-M