11072 Federal Register / Vol. 72, No. 47 / Monday, March 12, 2007 / Notices 

5 17 CFR 242.200 through 242.203. 

6Securities Exchange Act Release No. 55170 

(January 26, 2007), 72 FR 4756 (February 1, 2007). 

7Letter from Carol McCrory, Visitiing Assistant 

Professor of Legal Skils, Stetson University College 

of Law (Jan. 30, 2007) (commenting on SR–NASD–

2006–131 and SR–NYSE–2006–111). 

8See id. The letter did not comment on the Amex 

proposal. 

9Comments were received from the following: 

Lisa Morel-Misener of Cognos Incorporated, dated 

October 27, 2005 and Christopher Charles of Wulff 

Hansen & Co., dated November 15, 2005. 

10See supra note 9, Wulff Hansen & Co. letter. 

11See supra note 9, Cognos Incorporated letter. 

12 Id. 

13 17 CFR 242.200. 

14 17 CFR 240.10a–1. NASD Rule 3360(b)(1) 

excludes positions that meet the requirements of 

subsections (e)(1), (6), (7), (8), and (10) of Rule 10a–

1 and NYSE Rule 421.10 currently excludes 

positions resulting from sales specified in 

subsections (1), (6), (7), (8), (9) and (10) of 

paragraph (e) of Rule 10a–1. NYSE’s proposal 

removes subsection (9). To conform with the NASD 

and NYSE rules, Amex Rule 30A as proposed 

excludes positions resulting from sales specified in 

Rule 10a–1(e) (1), (6), (7), (8) or (10). 

15 15 U.S.C. 78f(b)(5). 

16 15 U.S.C. 78o–3(b)(6). 

17 In approving this proposed rule change, the 

Commission notes that it has considered the 

proposed rule’s impact on efficiency, competition, 

and capital formation. 15 U.S.C. 78c(f). 

18 17 CFR 200.30–3(a)(12). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3 15 U.S.C. 78s(b)(3)(A). 

4 17 CFR 240.19b–4(f)(6). 

structure and to reflect the adoption of 

the Commission’s Regulation SHO.5

Æ Amex proposed to increase the 

frequency of the short interest reporting 

requirements from monthly to twice a 

month, and to codify the short interest 

reporting requirement authorized by 

Amex Rule 30. The proposed 

amendment would incorporate the short 

interest reporting requirements into new 

Amex Rule 30A. 

The SROs proposed an 

implementation date of 180 days (six 

months) following Commission 

approval of the filing in order to allow 

firms sufficient time to make any 

systems changes necessary to comply 

with the new requirements. 

The proposed rule changes were 

published in the Federal Register on 

February 1, 2007.6 The Commission 

received one comment, which was 

submitted in support of this proposal. 

Prior to the proposal, NASD had 

received two comments that also 

supported the proposal. This order 

approves the rule change. 

Discussion and Commission Findings 

A. Comments 

The Commission specifically asked 

whether the proposed 180 day 

implementation period should be 

shortened. The Commission received 

one comment letter.7 The commenter 

supported the NYSE and NASD 

proposals 8 because she favored 

regulation of short sales generally. 

However, the commenter believed that 

the implementation period should be 

shortened. 

Prior to filing with the Commission, 

NASD solicited comments on its 

proposed rule change in NASD Notice 

to Members 05–63 (September 2005) 

and received two comments.9 Of the 

two comment letters received, both were 

in favor of the proposed rule change. 

One commenter noted that minimal 

programming and costs would be 

required to implement this proposal, but 

recommended six months for 

implementation of the proposal.10 The 

other commenter indicated that 

increases or decreases in short interest 

positions are significant indicators of 

investor sentiment.11 As such, the 

commenter stated that timelier reporting 

of short interest data provides 

additional relevant information and 

more accurate indications of changes in 

investor outlook.12

In response to these comments and in 

recognition of technological and 

systems changes that may be required to 

implement the proposed rule change, 

the Commission finds that the 180 day 

implementation period proposed by the 

SROs will provide members adequate 

time to make any necessary changes. 

B. Related Issues 

Short positions required to be 

reported under the SROs’ rules are those 

resulting from ‘‘short sales’’ as the term 

is defined in Rule 200 of Regulation 

SHO,13 with certain exceptions related 

to Exchange Act Rule 10a–1.14

Commission staff has instructed the 

SROs to review these exceptions to 

short interest reporting to determine 

whether further rulemaking is 

appropriate. 

C. Commission Findings 

After a review of the rule proposals 

and the comments, the Commission 

finds that the proposed rule changes are 

consistent with the requirements of the 

Act and the rules and regulations 

thereunder applicable to national 

securities exchanges and national 

securities associations, and in particular 

Sections 6(b)(5) 15 and 15A(b)(6) 16 of 

the Act, which require, among other 

things, that NASD, NYSE, and Amex 

rules must be designed to prevent 

fraudulent and manipulative acts and 

practices, to promote just and equitable 

principles of trade, and, in general, to 

protect investors and the public interest. 

The Commission believes that the 

proposed rule changes will provide 

additional and more timely information 

related to short selling.17

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act, that the 

proposed rule changes (SR–NASD–

2006–131; SR–NYSE–2006–111; SR–

Amex–2007–05) be, and it hereby 

are,approved. 

For the Commission, by the Division of 

Market Regulation, pursuant to delegated 

authority.18

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–4293 Filed 3–9–07; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–55398; File No. SR–NYSE–

2007–25] 

Self-Regulatory Organizations; New 

York Stock Exchange LLC; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change Relating to 

Rule 123D (Openings and Halts In 

Trading) 

March 5, 2007. 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934 (the 

‘‘Act’’) 1 and Rule 19b–4 thereunder,2

notice is hereby given that on March 2, 

2007, the New York Stock Exchange 

LLC (‘‘NYSE’’ or ‘‘Exchange’’) filed with 

the Securities and Exchange 

Commission (‘‘Commission’’) the 

proposed rule change as described in 

Items I and II below, which Items have 

been prepared substantially by the 

Exchange. The Exchange has filed the 

proposal pursuant to Section 19(b)(3)(A) 

of the Act 3 and Rule 19b–4(f)(6) 

thereunder,4 which renders the proposal 

effective upon filing with the 

Commission. The Commission is 

publishing this notice to solicit 

comments on the proposed rule change 

from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange is proposing to amend 

Exchange Rule 123D to add new section 

(3) to enable the Exchange to halt 

trading in a security whose price may be 

about to fall below $1.00 per share, 

without delisting the security, so that 

the security may continue to trade on 

other markets that deal in bids, offers, 

orders, or indications of interest in subpenny prices, until the price of the 

security has recovered sufficiently to 


pwalker on PROD1PC71 with NOTICES
Federal Register / Vol. 72, No. 47 / Monday, March 12, 2007 / Notices 11073 

5Securities Exchange Act Release No. 51808 

(June 9, 2005), 70 FR 37496 (June 29, 2005). 

6 17 CFR 242.611. 

7See Securities Exchange Act Release No. 55160 

(January 24, 2007), 72 FR 4202 (January 30, 2007). 

8 17 CFR 242.612. 

9See NYSE Rule 62. 

10Order Exempting Certain Sub-Penny TradeThroughs From Rule 611 of Regulation NMS Under 

the Securities Exchange Act of 1934. See Securities 

and Exchange Commission Release No. 54678 

(October 31, 2006), 71 FR 65018 (November 6, 

2006). 

11Section 802.01C of the NYSE Listed Company 

Manual sets out a minimum price criteria for capital 

or common stock. Currently, that section provides 

that a company will be considered to be below 

compliance standards if the average closing price of 

a security is less than $1.00 over a consecutive 30 

trading-day period. Once notified, the company 

must bring its share price and average share price 

back above $1.00 within six months. Alternatively, 

if a company determines that it will cure the price 

condition by taking an action that will require 

approval of its shareholders, it must obtain the 

necessary shareholder approval by a date no later 

than its next annual meeting, and must implement 

the action promptly thereafter. The price condition 

will be deemed cured if the price promptly exceeds 

$1.00 per share, and the price remains above the 

level for at least the following 30 trading days. 

12The Exchange will notify its members that the 

description of ‘‘Equipment Changeover’’ will now 

include a halt for this new non-regulatory halt. 

13See 17 CFR 242.600(b)(4). 

14Specifically, designated Exchange staff will 

actively monitor the conditions of the securities and 

immediately implement the trading halt when the 

conditions of the securities require such halt 

without any Floor Official approval. The Exchange 

will investigate the possibility of creating a 

systemic modification to automate this process. 

Continued 

permit the Exchange to resume trading 

in minimum increments of no less than 

one penny or the issuer is delisted for 

failing to correct the price condition 

within the time provided under NYSE 

rules. The text of the proposed rule 

change is available at http:// 

www.nyse.com, NYSE and the 

Commission’s Public Reference Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

Exchange included statements 

concerning the purpose of, and basis for, 

the proposed rule change. The text of 

these statements may be examined at 

the places specified in Item IV below. 

The Exchange has prepared summaries, 

set forth in Sections A, B, and C below, 

of the most significant aspects of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

Regulation NMS, adopted by the 

Commission in April 2005,5 provides 

that each trading center intending to 

qualify for trade-through protection 

under Regulation NMS Rule 611 (‘‘Rule 

611’’) 6 is required to have a Regulation 

NMS-compliant trading system fully 

operational by March 5, 2007 (the 

‘‘Trading Phase Date’’).7

Regulation NMS Rule 612 (‘‘Rule 

612’’),8 permits markets to accept bids, 

offers, orders, and indications of interest 

in increments smaller than a $0.01 per 

share, but not less than $0.0001 per 

share, for stocks priced below $1.00 per 

share and to quote and trade such stocks 

in sub-pennies. Markets may choose not 

to accept such bids, offers, orders or 

indications of interest and the NYSE has 

done so, maintaining a minimum 

trading and quoting variation of $0.01 

per share for all securities trading below 

$100,000 per share.9

However, the Commission has said 

that Rule 611’s proscription against 

trade-throughs extends to quotes which 

include a sub-penny component in 

stocks priced below $1.00 per share, 

provided they are better priced by a 

minimum of $0.01 per share.10 Rule 612 

requires a market that routes an order to 

another market in compliance with Rule 

611 and receives a sub-penny execution 

to accept the sub-penny execution, 

report that execution to the customer, 

and compare, clear and settle that trade. 

The Exchange states that, currently, 

there are no markets quoting or trading 

NYSE-listed securities that are priced 

under $1.00 per share in sub-penny 

increments. The Exchange’s trading 

system does not currently accommodate 

sub-penny trading, nor can it recognize 

a quote disseminated by another market 

center if such quote has a sub-penny 

component. The Exchange had 

previously determined that it would not 

be cost effective to make the changes 

that would allow its trading system to 

fully accommodate sub-penny trading. 

In making this determination, the 

Exchange weighed the resource 

allocation choices that would be 

necessary against the fact that only a 

very small number of securities listed 

on the Exchange have fallen below 

$1.00 in the last three years. 

The Exchange has been investigating 

whether there are systemic or other 

approaches that would allow it to deal 

with sub-penny executions made on 

markets to which we have routed an 

order, while not necessitating all the 

changes that would be required to fully 

trade in sub-pennies. No acceptable 

approach has yet been discovered. 

The Exchange is proposing an 

approach which will allow it to avoid 

trading a security on NYSE when its 

price falls below $1.00 per share, while 

permitting it to remain listed on the 

Exchange so that it could continue to be 

traded by other markets on an unlisted 

trading privileges (‘‘UTP’’) basis, 

including NYSE Arca. This would 

involve ‘‘halting’’ trading on NYSE, not 

for a ‘‘regulatory’’ reason (as that would 

require other markets to stop reporting 

trades as well), but rather for an 

‘‘operational’’ (i.e., non-regulatory) 

reason. NYSE Rule 123D(2) 

contemplates such a non-regulatory halt 

for systems, equipment or 

communication facility problems or for 

other technical reasons and, in the 

Exchange’s view, this is a related 

situation, since it relates to the 

Exchange’s systemic inability to 

properly accommodate these sub-penny 

prices. Existing Rule 123D(2) 

contemplates halts which are relatively 

brief in duration, whereas a halt for the 

purposes described herein could 

potentially endure for a number of 

months.11 More significantly, Rule 123D 

currently requires Floor Official 

approval to implement a trading halt of 

any kind, whether regulatory or 

operational. However, the proposed halt 

will have to occur automatically, so it 

must be specified to occur without Floor 

Official approval. For this reason the 

Exchange is proposing to codify this 

new non-regulatory halt in a new 

subsection (3) or Rule 123D. The 

Exchange is seeking to expand the use 

of the operational halt in order to 

prevent a problem that the Exchange 

knows would occur if the price of the 

stock fell below a $1.00 per share.12

Because the Exchange must halt 

trading before a security in fact trades 

below $1.00 per share, the new rule will 

trigger the halt whenever a security 

trading on the Exchange is reported on 

the consolidated tape during normal 

trading hours as having traded at a price 

of $1.05 per share or less, or if a security 

would open on the Exchange at a price 

of $1.05 per share or less. In any such 

event, trading in the security on the 

Exchange shall be immediately halted. 

Once halted for such reason, trading 

shall not be resumed on the Exchange 

until the security has traded on another 

automated trading center as defined in 

Rule 600(b)(4) under the Act 13 for at 

least one entire trading day at a price or 

prices that are at all times at or above 

$1.10 per share. Any such resumption of 

trading shall occur at the beginning of 

a trading day, so that normal opening 

procedures can apply. As noted above, 

in contrast to other trading halts, a subpenny trading halt is automatic as it 

does not require the approval of any 

Floor Officials.14 However, if a 


pwalker on PROD1PC71 with NOTICES
11074 Federal Register / Vol. 72, No. 47 / Monday, March 12, 2007 / Notices 

Telephone conversation on March 5, 2007 between 

Deanna Logan, Director, NYSE and David Liu, 

Senior Special Counsel, Division of Market 

Regulation, Commission. 

15See also supra note 12. 

16 15 U.S.C. 78f(b). 

17 15 U.S.C. 78f(b)(5). 

18 15 U.S.C. 78s(b)(3)(A). 

19 17 CFR 240.19b–4(f)(6). 

20CFR 240.19b–4(f)(6)(iii). Rule 19b–4(f)(6) also 

requires the self-regulatory organization to give the 

Commission notice of its intent to file the proposed 

rule change, along with a brief description and text 

of the proposed rule change, at least five business 

days prior to the date of filing of the proposed rule 

change, or such shorter time as designated by the 

Commission. NYSE gave the Commission written 

notice of its intention to file the proposed rule 

change on February 26, 2007, four business days 

prior to filing. The Commission is granting the 

Exchange’s request for a waiver of the five-day prefiling requirement. 

21For purposes only of waiving the 30-day 

operative delay of this proposal, the Commission 

has considered the proposed rule’s impact on 

efficiency, competition, and capital formation. 15 

U.S.C. 78c(f). 

determination is made by a Floor 

Official that a trade that triggered a halt 

because of a ‘‘Sub-penny trading’’

condition was made in error or 

otherwise was an anomaly, trading of 

the security on the Exchange will 

resume immediately. 

When a halt is called under NYSE 

Rule 123D, a condition indication is 

disseminated over the consolidated 

tape. The condition under new Rule 

123D(3) will be denominated as a ‘‘Subpenny trading’’ condition. However, 

steps will be taken to undertake the 

system development necessary to enable 

the dissemination of such a condition 

description but the changes will not be 

completed by March 5, 2007, the date 

when this change must be in place. 

Accordingly, through September 7, 

2007, or the date the systems are able to 

disseminate such condition, if earlier, 

should a Sub-penny trading halt be 

required prior to the system being ready 

to disseminate such condition 

notification, the Exchange will in lieu 

thereof disseminate the ‘‘Equipment 

Changeover’’ condition (used when a 

halt is called pursuant to NYSE Rule 

123D(2)), and will clarify as soon as 

practicable that the halt is due to a 

‘‘Sub-penny trading’’ condition on the 

NYSE’s Web site.15

2. Statutory Basis 

The proposed rule change is 

consistent with Section 6(b) 16 of the 

Act, in general, and furthers the 

objectives of Section 6(b)(5) 17 in 

particular in that it is designed to 

prevent fraudulent and manipulative 

acts and practices, to promote just and 

equitable principles of trade, to foster 

cooperation and coordination with 

persons engaged in facilitating 

transactions in securities, and to remove 

impediments to and perfect the 

mechanism of a free and open market 

and a national market system. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe that 

the proposed rule change will impose 

any burden on competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

The Exchange has neither solicited 

nor received written comments on the 

proposed rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Because the foregoing proposed rule 

change does not: (i) Significantly affect 

the protection of investors or the public 

interest; (ii) impose any significant 

burden on competition; and (iii) become 

operative for 30 days from the date on 

which it was filed, or such shorter time 

as the Commission may designate, the 

proposed rule change has become 

effective pursuant to Section 19(b)(3)(A) 

of the Act 18 and Rule 19b–4(f)(6) 

thereunder.19

At any time within 60 days of the 

filing of the proposed rule change, the 

Commission may summarily abrogate 

such rule change if it appears to the 

Commission that such action is 

necessary or appropriate in the public 

interest, for the protection of investors, 

or otherwise in furtherance of the 

purposes of the Act. 

NYSE has asked that the Commission 

waive the 30-day operative delay and 

five-day pre-filing requirement 

contained in Rule 19b–4(f)(6)(iii) under 

the Act.20 The Commission believes that 

waiver of the 30-day operative delay is 

consistent with the protection of 

investors and the public interest 

because it expands the Exchange’s 

current use of trading halts for 

operational reasons to preemptively 

prevent operational problems on the 

Exchange and enable the Exchange to 

comply with Rule 612. The proposal is 

also consistent with the public interest 

and the protection of investors because 

it will permit Exchange-listed securities 

whose price falls below $1.05 per share 

to continue to quote and trade on an 

UTP basis, including in sub-penny 

increments, while recognizing the 

current limitations of the Exchange’s 

systemic capacities in that regard. 

Accordingly, the Commission 

designates the proposal to be effective 

and operative upon filing with the 

Commission.21

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an e-mail to rulecomments@sec.gov. Please include File 

Number SR–NYSE–2007–25 on the 

subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Nancy M. Morris, Secretary, 

Securities and Exchange Commission, 

Station Place, 100 F Street, NE., 

Washington, DC 20549–1090. 

All submissions should refer to File 

Number SR–NYSE–2007–25. This file 

number should be included on the 

subject line if e-mail is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

Internet Web site (http://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for inspection and copying in 

the Commission’s Public Reference 

Room. Copies of such filing also will be 

available for inspection and copying at 

the principal office of the NYSE. 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–NYSE–2007–25 and should 

be submitted on or before April 2, 2007. 


pwalker on PROD1PC71 with NOTICES
Federal Register / Vol. 72, No. 47 / Monday, March 12, 2007 / Notices 11075 

22 17 CFR 200.30–3(a)(12). 

For the Commission, by the Division of 

Market Regulation, pursuant to delegated 

authority.22

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–4327 Filed 3–9–07; 8:45 am] 

BILLING CODE 8010–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #10821 and #10822] 

Alabama Disaster #AL–00007 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Notice. 

SUMMARY: This is a Notice of the 

Presidential declaration of a major 

disaster for the State of Alabama 

(FEMA–1687–DR), dated 03/03/2007. 

Incident: Severe Storms and 

Tornadoes. 

Incident Period: 03/01/2007. 

Effective Date: 03/03/2007. 

Physical Loan Application Deadline 

Date: 05/02/2007. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 12/03/2007. 

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 the 

President’s major disaster declaration on 

03/03/2007, applications for disaster 

loans may be filed at the address listed 

above or other locally announced 

locations. 

The following areas have been 

determined to be adversely affected by 

the disaster: 

Primary Counties (Physical Damage and 

Economic Injury Loans): Coffee. 

Contiguous Counties (Economic Injury 

Loans Only): Alabama: Covington, 

Crenshaw, Dale, Geneva, and Pike. 

The Interest Rates are: 

Percent 

For Physical Damage: 

Homeowners With Credit Available Elsewhere ........................ 5.750 

Homeowners Without Credit 

Available Elsewhere ................ 2.875 

Businesses With Credit Available 

Elsewhere ................................ 8.000 

Percent 

Other (Including Non-Profit Organizations) With Credit Available Elsewhere ........................ 5.250 

Businesses and Non-Profit Organizations Without Credit Available Elsewhere ........................ 4.000 

For Economic Injury: 

Businesses and Small Agricultural Cooperatives Without 

Credit Available Elsewhere ..... 4.000 

The number assigned to this disaster 

for physical damage is 10821B and for 

economic injury is 108220. 

(Catalog of Federal Domestic Assistance 

Numbers 59002 and 59008.) 

Herbert L. Mitchell, 

Associate Administrator for Disaster 

Assistance. 

[FR Doc. E7–4364 Filed 3–9–07; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #10819 and #10820] 

Georgia Disaster #GA–00008 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Notice. 

SUMMARY: This is a Notice of the 

Presidential declaration of a major 

disaster for the State of Georgia (FEMA–

1686–DR), dated 03/03/2007. 

Incident: Severe Storms and 

Tornadoes. 

Incident Period: 03/01/2007 through 

03/02/2007. 

Effective Date: 03/03/2007. 

Physical Loan Application Deadline 

Date: 05/02/2007. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 12/03/2007. 

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 the 

President’s major disaster declaration on 

03/03/2007, applications for disaster 

loans may be filed at the address listed 

above or other locally announced 

locations. 

The following areas have been 

determined to be adversely affected by 

the disaster: 

Primary Counties (Physical Damage and 

Economic Injury Loans): Sumter. 

Contiguous Counties (Economic Injury 

Loans Only): Georgia: Crisp, Dooly, 

Lee, Macon, Marion, Schley, 

Terrell, and Webster. 

The Interest Rates are: 

Percent 

For Physical Damage: 

Homeowners With Credit Available Elsewhere ........................ 5.750 

Homeowners Without Credit 

Available Elsewhere ................ 2.875 

Businesses With Credit Available 

Elsewhere ................................ 8.000 

Other (Including Non-Profit Organizations) With Credit Available Elsewhere ........................ 5.250 

Businesses and Non-Profit Organizations Without Credit Available Elsewhere ........................ 4.000 

For Economic Injury 

Businesses and Small Agricultural Cooperatives Without 

Credit Available Elsewhere ..... 4.000 

The number assigned to this disaster 

for physical damage is 10819B and for 

economic injury is 108200. 

(Catalog of Federal Domestic Assistance 

Numbers 59002 and 59008.) 

Herbert L. Mitchell, 

Associate Administrator for Disaster 

Assistance. 

[FR Doc. E7–4363 Filed 3–9–07; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

Maine District Advisory Council; Public 

Meeting 

The U.S. Small Business 

Administration Maine District Advisory 

Council, located in the geographical 

area of Augusta, Maine will hold a 

public meeting on Tuesday, March 27, 

2007, starting at 10 a.m. The meeting 

will be held at Husson College, Center 

for Family Business, One College Circle, 

Bangor, ME 04401. 

The purpose of the meeting is to 

discuss the following topics: (1) SBA 

Small Business Week; (2) Lender update 

(centralized processing, participating 

and lender forms); (3) Updates by 

SCORE; Maine Small Business 

Development Center and Women’s 

Business Center; (4) An overview of 

SBA’s Alternate Work Site in Bangor, 

Maine presented by Herb Thomas, 

Senior Area Manager. 

For further information, write or call 

Mary McAleney, District Director, U.S. 

Small Business Administration, Maine 

District Office, 68 Sewall Street, Room 


pwalker on PROD1PC71 with NOTICES