2018-21707. Presidential Declaration of a Major Disaster for the Commonwealth of the Northern Mariana Islands

AGENCY:

U.S. Small Business Administration.

ACTION:

Notice.

SUMMARY:

This is a Notice of the Presidential declaration of a major disaster for the Commonwealth of the NORTHERN MARIANA ISLANDS (FEMA-4396-DR), dated 09/29/2018.

Incident: Typhoon Mangkhut.

Incident Period: 09/10/2018 through 09/11/2018.

DATES:

Issued on 09/29/2018.

Physical Loan Application Deadline Date: 11/28/2018.

Economic Injury (EIDL) Loan Application Deadline Date: 07/01/2019.

ADDRESSES:

Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

FOR FURTHER INFORMATION CONTACT:

A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW, Suite 6050, Washington, DC 20416, [phone].

SUPPLEMENTARY INFORMATION:

Notice is hereby given that as a result of the President's major disaster declaration on 09/29/2018, applications for disaster loans may be filed at the address listed above or other locally announced locations.

The following areas have been determined to be adversely affected by the disaster:

Primary Areas (Physical Damage and Economic Injury Loans): Rota, Saipan, Tinian.

Contiguous Areas (Economic Injury Loans Only):

None.

	Percent
The Interest Rates are:
For Physical Damage:
Homeowners with Credit Available Elsewhere	4.000
Homeowners without Credit Available Elsewhere	2.000
Businesses with Credit Available Elsewhere	7.350
Businesses without Credit Available Elsewhere	3.675
Non-Profit Organizations with Credit Available Elsewhere	2.500
Non-Profit Organizations without Credit Available Elsewhere	2.500
For Economic Injury:
Businesses & Small Agricultural Cooperatives without Credit Available Elsewhere	3.675
Non-Profit Organizations without Credit Available Elsewhere	2.500

The number assigned to this disaster for physical damage is 157078 and for economic injury is 157080.

(Catalog of Federal Domestic Assistance Number 59008)

James Rivera,

Associate Administrator for Disaster Assistance.