[Federal Register Volume 72, Number 196 (Thursday, October 11, 2007)]
[Notices]
[Page 57987]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-19970]


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SMALL BUSINESS ADMINISTRATION

[Disaster Declaration  11048]


Disaster  ZZ-00003; the Entire United States and U.S. 
Territories

AGENCY: U.S. Small Business Administration.

ACTION: Notice.

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SUMMARY: This is a notice of the Military Reservist Economic Injury 
Disaster Loan Program (MREIDL), dated 10/01/2007.
    Effective Date: 10/01/2007.
    MREIDL Loan Application Deadline Date: 90 days after the essential 
employee is discharged or released from active duty.

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: Notice is hereby given that as a result of 
Public Law 106-50, the Veterans Entrepreneurship and Small Business 
Development Act of 1999, this notice establishes the application filing 
period for the Military Reservist Economic Injury Disaster Loan 
Program.
    Effective 10/01/2007, small businesses employing military 
reservists may apply for economic injury disaster loans if those 
employees are called up to active duty during a period of military 
conflict existing on or after March 24, 1999 and those employees are 
essential to the success of the small business daily operations.
    The purpose of the Military Reservist economic injury disaster loan 
program (MREIDL) is to provide funds to eligible small businesses to 
meet its ordinary and necessary operating expenses that it could have 
met, but is unable to meet, because an essential employee was called-up 
to active duty in their role as a military reservist. These loans are 
intended only to provide the amount of working capital needed by a 
small business to pay its necessary obligations as they mature until 
operations return to normal after the essential employee is released 
from active duty. For information applications contact 1-800-659-2955 
or visit http://www.sba.gov.
    Applications for the Military Reservist Economic Injury Disaster 
Loan Program may be filed at the above address.
    The Interest Rate for Eligible Small Businesses is: 4.000.
    The number assigned is 110480.

(Catalog of Federal Domestic Assistance Number 59002).

Herbert L. Mitchell,
Associate Administrator for Disaster Assistance.
[FR Doc. E7-19970 Filed 10-10-07; 8:45 am]
BILLING CODE 8025-01-P