2024-03307. Presidential Declaration of a Major Disaster for the State of Michigan

AGENCY:

U.S. Small Business Administration.

ACTION:

Notice.

SUMMARY:

This is a Notice of the Presidential declaration of a major disaster for the State of Michigan (FEMA–4757–DR), dated 02/08/2024.

Incident: Severe Storms, Tornadoes, and Flooding.

Incident Period: 08/24/2023 through 08/26/2023.

DATES:

Issued on 02/08/2024.

Physical Loan Application Deadline Date: 04/08/2024.

Economic Injury (EIDL) Loan Application Deadline Date: 11/08/2024.

ADDRESSES:

Visit the MySBA Loan Portal at https://lending.sba.gov to apply for a disaster assistance loan.

FOR FURTHER INFORMATION CONTACT:

Alan Escobar, Office of Disaster Recovery & Resilience, U.S. Small Business Administration, 409 3rd Street SW, Suite 6050, Washington, DC 20416, (202) 205–6734.

SUPPLEMENTARY INFORMATION:

Notice is hereby given that as a result of the President's major disaster declaration on 02/08/2024, applications for disaster loans may be submitted online using the MySBA Loan Portal https://lending.sba.gov or other locally announced locations. Please contact the SBA disaster assistance customer service center by email at [e-mail] or by phone at 1–800–659–2955 for further assistance.

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

Primary Counties (Physical Damage and Economic Injury Loans):

Eaton, Ingham, Ionia, Kent, Livingston, Macomb, Monroe, Oakland, Wayne.

Contiguous Counties (Economic Injury Loans Only):

Michigan: Allegan, Barry, Calhoun, Clinton, Genesee, Gratiot, Jackson, Lapeer, Lenawee, Montcalm, Muskegon, Newaygo, Ottawa, Shiawassee, St. Clair, Washtenaw

Ohio: Lucas

The Interest Rates are:

For Physical Damage:
Homeowners with Credit Available Elsewhere	5.000
Homeowners without Credit Available Elsewhere	2.500
Businesses with Credit Available Elsewhere	8.000
Businesses without Credit Available Elsewhere	4.000
Non-Profit Organizations with Credit Available Elsewhere	2.375
Non-Profit Organizations without Credit Available Elsewhere	2.375
For Economic Injury:
Business and Small Agricultural Cooperatives without Credit Available Elsewhere	4.000
Non-Profit Organizations without Credit Available Elsewhere	2.375

The number assigned to this disaster for physical damage is 201886 and for economic injury is 201890.

(Catalog of Federal Domestic Assistance Number 59008)

Francisco Sánchez, Jr.,

Associate Administrator, Office of Disaster Recovery & Resilience.