Item 1.01 On August 31, 2007, the Company received a signed copy of the attached Fourth Amendment to Forbearance Agreement between the Company and United Bank, extending the maturity of approximately $3 million of debt to December 31, 2007. The document was signed by the Company on August 27, 2007, and by the Bank on August 30, 2007. Item 9.01 Exhibit 99: See attached Fourth Amendment to Forbearance Agreement dated as of August 27, 2007. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Williams Industries, Incorporated ----------------------------------- Registrant Date: September 4, 2007 /s/ FRANK E. WILLIAMS, III ----------------------------------- Frank E. Williams, III, President </TEXT> </DOCUMENT>