96-12610. Declaration of Disaster Loan Area #2852; Illinois

[Federal Register Volume 61, Number 98 (Monday, May 20, 1996)]
[Notices]
[Page 25261]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-12610]



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SMALL BUSINESS ADMINISTRATION

Declaration of Disaster Loan Area #2852; Illinois

    As a result of the President's major disaster declaration on May 6, 
1996, I find that Franklin and St. Clair Counties in the State of 
Illinois constitute a disaster area due to damages caused by severe 
storms and flooding beginning on April 28, 1996 and continuing. 
Applications for loans for physical damages may be filed until the 
close of business on July 5, 1996, and for loans for economic injury 
until the close of business on February 6, 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. 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: 
Clinton, Hamilton, Jackson, Jefferson, Madison, Monroe, Perry, 
Randolph, Saline, Washington, and Williamson Counties in Illinois; and 
St. Louis County and the City of St. Louis, Missouri.
    Interest rates are:

                                                                        
                                                                        
                                                                        
For Physical Damage:                                                    
  Homeowners with credit available elsewhere.................       .250
  Homeowners without credit available elsewhere..............      3.625
  Businesses with credit available elsewhere.................      8.000
  Businesses and non-porfit 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 285206. 
For economic injury the numbers are 885700 for Illinois and 885800 for 
Missouri.

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

    Dated: May 9, 1996.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 96-12610 Filed 5-17-96; 8:45 am]
BILLING CODE 8025-01-P