Disaster loan areas: New York,

[Federal Register: July 22, 1998 (Volume 63, Number 140)]

[Notices]

[Page 39341-39342]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr22jy98-98]

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3105]

State of New York

As a result of the President's major disaster declaration on July 7, 1998, and an amendment thereto on July 10, I find that Cattaraugus, Clinton, Erie, Essex, and Wyoming Counties in the State of New York constitute a disaster area due to damages caused by severe storms and flooding beginning on June 25, 1998 and continuing through July 10, 1998. Applications for loans for physical damages as a result of this disaster may be fileduntil the close of business on September 5, 1998, and for loans for economic injury until the close of

[[Page 39342]]

business on April 7, 1999 at the address listed below or other locally announced locations:

Small Business Administration, Disaster Area 1 Office, 360 Rainbow Blvd., South, 3rd Floor, Niagara Falls, NY 14303.

In addition, applications for economic injury loans from small businesses located in the following contiguous counties may be filed until the specified date at the above location: Allegany, Chautauqua, Franklin, Genesee, Hamilton, Livingston, Niagara, and Warren Counties in New York, and McKean and Warren Counties in Pennsylvania.

Any counties contiguous to the above-named primary counties and not listed herein have been previously declared under a separate declaration for the same occurrence.

The interest rates are:

Percent

For Physical Damage:

Homeowners with credit available elsewhere............... 7.000

Homeowners without credit available elsewhere............ 3.500

Businesses with credit available elsewhere............... 8.000

Businesses and non-profit organizations without credit

available elsewhere..................................... 4.000

Others (including non-profit organizations) with credit

available elsewhere..................................... 7.125 For Economic Injury:

Businesses and small agricultural cooperatives without

credit available elsewhere.............................. 4.000

The numbers assigned to this disaster are 310211 for physical damage and 992600 for economic injury.

(Catalog of Federal Domestic Assistance Program Nos. 59002 and 59008)

Dated: July 14, 1998. Bernard Kulik, Associate Administrator for Disaster Assistance.

[FR Doc. 98-19490Filed7-21-98; 8:45 am]

BILLING CODE 8025-01-P