96-10895. Indiana; Declaration of Disaster Loan Area

[Federal Register Volume 61, Number 86 (Thursday, May 2, 1996)]
[Notices]
[Page 19653]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-10895]



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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster Loan Area #2848]


Indiana; Declaration of Disaster Loan Area

    Morgan County and the contiguous counties of Brown, Hendricks, 
Johnson, Marion, Monroe, Owen, and Putnam in the State of Indiana 
constitute a disaster area as a result of damages caused by severe 
storms and tornadoes which occurred on April 19, 1996. Applications for 
loans for physical damage may be filed until the close of business on 
June 24, 1996 and for economic injury until the close of business on 
January 24, 1997 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:

                                                                        
                                                                        
                                                                        
For Physical Damage:                                             Percent
  Homeowners with credit available elsewhere..................     7.250
  Homeowners without credit available elsewhere...............     3.625
  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 284812, 
and for economic injury the number is 883400.

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

    Dated: April 24, 1996.
John T. Spotila,
Acting Administrator.
[FR Doc. 96-10895 Filed 5-1-96; 8:45 am]
BILLING CODE 8025-01-P