98-18410. State of Massachusetts

[Federal Register Volume 63, Number 132 (Friday, July 10, 1998)]
[Notices]
[Pages 37435-37436]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-18410]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3094]


State of Massachusetts

    As a result of the President's major disaster declaration on June 
23, 1998, I find that Bristol, Essex, Middlesex, Norfolk, and Suffolk 
Counties in the State of Massachusetts constitute a disaster area due 
to damages caused by

[[Page 37436]]

heavy rains and flooding beginning on June 13, 1998, and continuing. 
Applications for loans for physical damages as a result of this 
disaster may be filed until the close of business on August 22, 1998, 
and for loans for economic injury until the close of business on March 
23, 1999 at the address listed below or other locally announced 
locations: U.S. Small Business Administration, Disaster Area 1 Office, 
360 Rainbow Blvd., South, 3rd Floor, Niagara Falls, NY 14303.
    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: Plymouth and Worcester 
Counties in Massachusetts; Bristol, Newport, and Providence Counties in 
Rhode Island; and Hillsborough and Rockingham Counties in New 
Hampshire.
    The interest rates are:

------------------------------------------------------------------------
                                                                 Percent
------------------------------------------------------------------------
Physical Damage:                                                        
  Homeowners with credit available elsewhere..................     7.000
  Homeowners without credit available elsewhere...............     3.500
  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 309406. 
For economic injury the numbers are 990300 for Massachusetts, 990400 
for Rhode Island, and 990500 for New Hampshire.

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

    Dated: June 30, 1998.
James E. Rivera,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 98-18410 Filed 7-9-98; 8:45 am]
BILLING CODE 8025-01-P