[Federal Register Volume 59, Number 80 (Tuesday, April 26, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-9985]
[[Page Unknown]]
[Federal Register: April 26, 1994]
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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2706]
Alabama; Declaration of Disaster Loan Area
As a result of the President's major disaster declaration on March
30, 1994 I find that the Counties of Calhoun, DeKalb, Marshall,
Cherokee, St. Clair and Shelby in the State of Alabama constitute a
disaster area as result of damages caused by severe storms, tornadoes
and flooding which began March 27, 1994 and continuing. Applications
for loans for physical damage may be filed until the close of business
on May 28, 1994, and for loans for economic injury until the close of
business on December 30, 1994, at the address listed below: U.S. Small
Business Administration, Disaster Area 2 Office, One Baltimore Place,
suite 300 Atlanta, Georgia 30308 or other locally announced locations.
In addition, applications for economic injury loans from small
businesses located in the following contiguous counties may be filed
until the specified date at the above location: Bibb, Blount, Chilton,
Cleburne, Coosa, Cullman, Etowah, Jackson, Jefferson, Madison, Morgan
and Talladega in the State of Alabama and Chattooga, Dade, Floyd, Polk
and Walker in the State of Georgia.
The interest rates are:
Percent
For Physical Damage:
Homeowners with credit available elsewhere.................... 7.250
Homeowners without credit available elsewhere................. 3.625
Businesses with credit available elsewhere.................... 7.700
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 270612
and for economic injury the numbers are 821900 for Alabama and 822100
for Georgia.
(Catalog of Federal Domestic Assistance Program Nos. 59002 and
59008).
Dated: April 7, 1994.
Alfred E. Judd,
Acting Assistant Administrator for Disaster Assistance.
[FR Doc. 94-9985 Filed 4-25-94; 8:45 am]
BILLING CODE 8025-01-M
