[Federal Register Volume 61, Number 248 (Tuesday, December 24, 1996)]
[Notices]
[Pages 67863-67864]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-32624]
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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2913]
New Jersey; Declaration of Disaster Loan Area
As a result of the President's major disaster declaration on
November 19, 1996, I find that Hudson, Middlesex, Morris, Somerset, and
Union Counties in the State of New Jersey constitute a disaster area
due to damages caused by severe storms and flooding which occurred
October 18-23, 1996. Applications for loans for physical damages may be
filed until the close of business on January 18, 1997, and for loans
for economic injury until the close of business on August 19, 1997 at
the address listed below: Small Business Administration, Disaster Area
1 Office, 360 Rainbow Blvd., South 3rd Floor, Niagara Falls, NY 14303,
or other locally announced locations. In addition, applications for
economic injury loans from small businesses located in the contiguous
counties of Bergen, Essex, Hunterdon, Mercer, Monmouth, Passaic,
Sussex, and Warren in the State of New Jersey may be filed until the
specified date at the above location. Any counties contiguous to the
above-named counties and not listed herein have been previously
declared.
Interest rates are:
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Percent
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For Physical Damage:
Homeowners with credit available elsewhere.................. 8.000
Homeowners without credit available elsewhere............... 4.000
Businesses with credit available elsewhere.................. 8.000
Business 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
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[[Page 67864]]
The number assigned to this disaster for physical damage is 291311
and for economic injury the number is 925400.
(Catalog of Federal Domestic Assistance Program Nos. 59002 and
59008)
Dated: December 12, 1996.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 96-32624 Filed 12-23-96; 8:45 am]
BILLING CODE 8025-01-P
