96-17401. Pennsylvania; Declaration of Disaster Loan Area

[Federal Register Volume 61, Number 132 (Tuesday, July 9, 1996)]
[Notices]
[Page 36104]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-17401]


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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2867]

Pennsylvania; Declaration of Disaster Loan Area
    As a result of the President's major disaster declaration on June 
18, 1996, I find that Bucks County in the State of Pennsylvania 
constitutes a disaster area due to damages caused by flooding which 
occurred on June 12, 1996. Applications for loans for physical damages 
may be filed until the close of business on August 17, 1996, and for 
loans for economic injury until the close of business on March 18, 1997 
at the address listed below:
U.S. Small Business Administration, Disaster Area 1 Office, 360 Rainbow 
Blvd. South, 3rd Fl., Niagara Falls, NY 14303 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: 
Lehigh, Montgomery, Northampton, and Philadelphia Counties in 
Pennsylvania, and Burlington, Hunterdon, Mercer, and Warren Counties in 
New Jersey.
    Interest rates are:

For Physical Damage:                                            Percent 
    Homeowners with credit available elsewhere..............       7.625
    Homeowners without credit available elsewhere...........       3.875
    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 286706. 
For economic injury the numbers are 894700 for Pennsylvania, and 894800 
for New Jersey.

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

    Dated: June 27, 1996.
Allan I. Hoberman,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 96-17401 Filed 7-8-96; 8:45 am]
BILLING CODE 8025-01-P