97-1738. Nevada; Declaration of Disaster Loan Area

[Federal Register Volume 62, Number 16 (Friday, January 24, 1997)]
[Notices]
[Page 3728]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-1738]


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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2923]


Nevada; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on 
January 3, 1997, I find that Douglas, Lyon, Storey and Washoe Counties, 
and the Independent City of Carson City in the State of Nevada 
constitute a disaster area due to damages caused by severe storms, 
flooding, and mud and land slides beginning on December 20, 1996 and 
continuing. Applications for loans for physical damages may be filed 
until the close of business on March 4, 1997, and for loans for 
economic injury until the close of business on October 3, 1997 at the 
address listed below: U.S. Small Business Administration, Disaster Area 
4 Office, P. O. Box 13795, Sacramento, CA 95853-4795, 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: 
Churchill, Humboldt, Mineral, and Pershing Counties in Nevada, and 
Harney and Lake Counties in Oregon. Any counties contiguous to the 
above-named counties and not listed herein have been covered under a 
separate declaration for the same occurrence.
    Interest rates are:

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                                                                 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 292311. 
For economic injury the numbers are 933000 for Nevada and 933100 for 
Oregon.

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

    Dated: January 15, 1997.
Herbert L. Mitchell,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 97-1738 Filed 1-23-97; 8:45 am]
BILLING CODE 8025-01-P