98-21508. Declaration of Disaster #3118; State of Tennessee

[Federal Register Volume 63, Number 154 (Tuesday, August 11, 1998)]
[Notices]
[Page 42900]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-21508]


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SMALL BUSINESS ADMINISTRATION


Declaration of Disaster #3118; State of Tennessee

    As a result of the President's major disaster declaration on July 
23, 1998 for Public Assistance, and an amendment thereto on July 28, 
1998 adding Individual Assistance, I find that Lawrence and Lewis 
Counties in the State of Tennessee constitute a disaster area due to 
damages caused by severe storms and flooding beginning on July 13, 1998 
and continuing through July 28, 1998. Applications for loans for 
physical damages as a result of this disaster may be filed until the 
close of business on September 26, 1998, and for loans for economic 
injury until the close of business on April 28, 1999 at the address 
listed below or other locally announced locations: U.S. Small Business 
Administration, Disaster Area 2 Office, One Baltimore Place, Suite 300, 
Atlanta, GA 30308.
    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: Giles, Hickman, Maury, 
Perry, and Wayne Counties in Tennessee, and Lauderdale and Limestone 
Counties in Alabama.
    The interest rates are:

------------------------------------------------------------------------
                                                               Percent  
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Physical Damage:                                                        
  HOMEOWNERS WITH CREDIT AVAILABLE ELSEWHERE...............        6.875
  HOMEOWNERS WITHOUT CREDIT AVAILABLE ELSEWHERE............        3.437
  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
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    The number assigned to this disaster for physical damage is 311806. 
For economic injury the numbers are 996100 for Tennessee and 996200 for 
Alabama.

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

    Dated: August 4, 1998.
Herbert L. Mitchell,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 98-21508 Filed 8-10-98; 8:45 am]
BILLING CODE 8025-01-P