94-6343. Declaration of Disaster Loan Area; MI

[Federal Register Volume 59, Number 53 (Friday, March 18, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-6343]


[[Page Unknown]]

[Federal Register: March 18, 1994]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster Loan Area #2699]

 

Declaration of Disaster Loan Area; MI

    Ottawa County and the contiguous counties of Muskegon, Kent and 
Allegan in the State of Michigan constitute a disaster area as a result 
of damages caused by flooding of the Grand River beginning February 24, 
1994. Applications for loans for physical damage may be filed until the 
close of business on May 9, 1994 and for economic injury until the 
close of business on December 12, 1994 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:


------------------------------------------------------------------------
                                                              In percent
------------------------------------------------------------------------
For Physical Damage:                                                    
  Homeowners with credit available elsewhere................       7.250
  Homeowners without credit available elsewhere.............       3.625
  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 269906 
and for economic injury the number is 820200.

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

    Dated: March 10, 1994.
Erskine B. Bowles,
Administrator.
[FR Doc. 94-6343 Filed 3-17-94; 8:45 am]
BILLING CODE 8025-01-M