Disaster loan areas: Tennessee,

[Federal Register: August 11, 1998 (Volume 63, Number 154)]

[Notices]

[Page 42900]

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

[DOCID:fr11au98-171]

SMALL BUSINESS ADMINISTRATION

Declaration of Disaster #3118; State of Tennessee

As a result of the President's major disaster declaration on July 23, 1998 for Public Assistance, and an amendment thereto on July 28, 1998 adding Individual Assistance, I find that Lawrence and Lewis Counties in the State of Tennessee constitute a disaster area due to damages caused by severe storms and flooding beginning on July 13, 1998 and continuing through July 28, 1998. Applications for loans for physical damages as a result of this disaster may be fileduntil the close of business on September 26, 1998, and for loans for economic injury until the close of business on April 28, 1999 at the address listed below or other locally announced locations: U.S. Small Business Administration, Disaster Area 2 Office, One Baltimore Place, Suite 300, Atlanta, GA 30308.

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: Giles, Hickman, Maury, Perry, and Wayne Counties in Tennessee, and Lauderdale and Limestone Counties in Alabama.

The interest rates are:

Percent

Physical Damage:

HOMEOWNERS WITH CREDIT AVAILABLE ELSEWHERE...............

6.875 HOMEOWNERS WITHOUT CREDIT AVAILABLE ELSEWHERE............

3.437 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 number assigned to this disaster for physical damage is 311806. For economic injury the numbers are 996100 for Tennessee and 996200 for Alabama.

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

Dated: August 4, 1998. Herbert L. Mitchell, Acting Associate Administrator for Disaster Assistance.

[FR Doc. 98-21508Filed8-10-98; 8:45 am]

BILLING CODE 8025-01-P