E8-11886. Arkansas Disaster # AR-00020

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 Arkansas (FEMA-1758-DR), dated 05/20/2008.

Incident: Severe Storms, Flooding, and Tornadoes.

Incident Period: 05/02/2008 and continuing.

DATES:

Effective Date: 05/20/2008.

Physical Loan Application Deadline Date: 07/21/2008.

Economic Injury (EIDL) Loan Application Deadline Date: 02/20/2009.

ADDRESSES:

Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

FOR FURTHER INFORMATION CONTACT:

A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street, SW., Suite 6050, Washington, DC 20416.

SUPPLEMENTARY INFORMATION:

Notice is hereby given that as a result of the President's major disaster declaration on 05/20/2008, applications for disaster loans may be filed at the address listed above or other locally announced locations.

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

Primary Counties (Physical Damage and Economic Injury Loans):

Benton, Cleburne, Conway, Crittenden, Grant, Lonoke, Mississippi, Pulaski, Saline, Van Buren.

Contiguous Counties (Economic Injury Loans Only):

Arkansas: Arkansas, Carroll, Cleveland, Craighead, Cross, Dallas, Faulkner, Garland, Hot Spring Independence, Jefferson, Lee, Madison, Perry, Poinsett, Pope, Prairie, Saint Francis, Searcy, Stone, Washington, White, Yell.

Missouri: Barry, Dunklin, Mcdonald, Pemiscot.

Mississippi: Desoto, Tunica.

Oklahoma: Adair, Delaware.

Tennessee: Dyer, Lauderdale, Shelby, Tipton.

The Interest Rates are:

	Percent
For Physical Damage:
Homeowners With Credit Available Elsewhere	5.375
Homeowners Without Credit Available Elsewhere	2.687
Businesses With Credit Available Elsewhere	8.000
Other (Including Non-Profit Organizations) With Credit Available Elsewhere	5.250
Businesses and Non-Profit Organizations Without Credit Available Elsewhere	4.000
For Economic Injury:
Businesses & Small Agricultural Cooperatives Without Credit Available Elsewhere	4.000

The number assigned to this disaster for physical damage is 11256B and for economic injury is 112570.

(Catalog of Federal Domestic Assistance Numbers 59002 and 59008)

James E. Rivera,

Acting Associate Administrator for Disaster Assistance.