98-26848. Commonwealth of Puerto Rico

[Federal Register Volume 63, Number 194 (Wednesday, October 7, 1998)]
[Notices]
[Page 53971]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-26848]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3134]


Commonwealth of Puerto Rico

    As a result of the President's major disaster declaration on 
September 24, 1998, I find that all 78 Municipalities in the 
Commonwealth of Puerto Rico constitute a disaster area due to damages 
caused by Hurricane Georges that occurred on September 20-22, 1998. 
Applications for loans for physical damage as a result of this disaster 
may be filed until the close of business on November 23, 1998, and for 
loans for economic injury until the close of business on June 24, 1999 
at the address listed below or other locally announced locations: Small 
Business Administration, Disaster Area 1 Office, 360 Rainbow Blvd. 
South, 3rd Floor, Niagara Falls, NY 14303.
    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 313408, 
and for economic injury the number is 9A1600.

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

    Dated: September 28, 1998.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 98-26848 Filed 10-6-98; 8:45 am]
BILLING CODE 8025-01-P