2018-09433. Presidential Declaration of a Major Disaster for the State of ALABAMA

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 Alabama (FEMA-4362-DR), dated 04/26/2018.

Incident: Severe Storms and Tornadoes.

Incident Period: 03/19/2018 through 03/20/2018.

DATES:

Issued on 04/26/2018.

Physical Loan Application Deadline Date: 06/25/2018.

Economic Injury (EIDL) Loan Application Deadline Date: 01/28/2019.

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, [phone].

SUPPLEMENTARY INFORMATION:

Notice is hereby given that as a result of the President's major disaster declaration on 04/26/2018, 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): Calhoun, Cullman, Etowah

Contiguous Counties (Economic Injury Loans Only):

Alabama, Blount, Cherokee, Cleburne, De Kalb, Lawrence, Marshall, Morgan, Saint Clair, Talladega, Walker, Winston

The Interest Rates are:

	Percent
For Physical Damage:
Homeowners With Credit Available Elsewhere	3.625
Homeowners Without Credit Available Elsewhere	1.813
Businesses With Credit Available Elsewhere	7.160
Businesses Without Credit Available Elsewhere	3.580
Non-Profit Organizations With Credit Available Elsewhere	2.500
Non-Profit Organizations Without Credit Available Elsewhere	2.500
For Economic Injury:
Businesses & Small Agricultural Cooperatives Without Credit Available Elsewhere	3.580
Non-Profit Organizations Without Credit Available Elsewhere	2.500

The number assigned to this disaster for physical damage is 15497B and for economic injury is 154980.

(Catalog of Federal Domestic Assistance Number 59008)

James Rivera,

Associate Administrator for Disaster Assistance.