94-24380. North Carolina; Declaration of Disaster Loan Area

[Federal Register Volume 59, Number 190 (Monday, October 3, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-24380]


[[Page Unknown]]

[Federal Register: October 3, 1994]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster Loan Area #2744]

 

North Carolina; Declaration of Disaster Loan Area

    Transylvania and Watauga Counties and the contiguous Counties of 
Ashe, Avery, Buncombe, Caldwell, Haywood, Henderson, Jackson, and 
Wilkes in North Carolina; Carter and Johnson Counties in Tennessee; and 
Greenville, Pickens, and Oconee Counties in South Carolina constitute a 
disaster area as a result of damages caused by severe storms and 
flooding which occurred on August 16 and 17, 1994. Applications for 
loans for physical damage may be filed until the close of business on 
November 28, 1994 and for economic injury until the close of business 
on June 27, 1995 at the address listed below: U.S. Small Business 
Administration, Disaster Area 2 Office, One Baltimore Place, Suite 300, 
Atlanta, GA 30308 or other locally announced locations.
    The 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.....................................        7.125
For Economic Injury:                                                    
  Businesses and Small Agricultural Cooperatives Without                
   Credit Available Elsewhere..............................        4.000
------------------------------------------------------------------------

    The numbers assigned to this disaster for physical damage are 
274406 for North Carolina; 274506 for Tennessee; and 274606 for South 
Carolina. For economic injury the numbers are 834900 for North 
Carolina; 835000 for Tennessee; and 835100 for South Carolina.

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

    Dated: September 27, 1994.
Erskine B. Bowles,
Administrator.
[FR Doc. 94-24380 Filed 9-30-94; 8:45 am]
BILLING CODE 8025-01-M