97-820. Pennsylvania; Declaration of Disaster Loan Area

[Federal Register Volume 62, Number 9 (Tuesday, January 14, 1997)]
[Notices]
[Page 1947]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-820]


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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2920]


Pennsylvania; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on 
December 23, 1996, I find that Tioga County in the State of 
Pennsylvania constitutes a disaster area due to damages caused by 
severe thunderstorms, high winds, rain, and flooding which occurred 
November 8-15, 1996. Applications for loans for physical damages may be 
filed until the close of business on February 20, 1997, and for loans 
for economic injury until the close of business on Sepember 23, 1997 at 
the address listed below: U.S. Small Business Administration, Disaster 
Area 1 Office, 360 Rainbow Blvd. South, 3rd Fl., Niagara Falls, NY 
14303 or other locally announced locations. 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: Bradford, Lycoming, and Potter Counties in 
Pennsylvania, and Chemung and Steuben Counties in New York.
    Interest rates are:

------------------------------------------------------------------------
                                                                 Percent
------------------------------------------------------------------------
For Physical Damage:                                                    
  Homeowners with credit available elsewhere..................     8.000
  Homeowners without credit available elsewhere...............     4.000
  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........................................     7.250
For Economic Injury:                                                    
  Businesses and small agricultural cooperatives without                
   credit available elsewhere.................................     4.000
------------------------------------------------------------------------

    The number assigned to this disaster for physical damage is 292006. 
For economic injury the numbers are 932600 for Pennsylvania and 932700 
for New York.

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

    Dated: January 2, 1997.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 97-820 Filed 1-13-97; 8:45 am]
BILLING CODE 8025-01-P