96-20925. Tennessee (And Contiguous Counties in Kentucky); Declaration of Disaster Loan Area

[Federal Register Volume 61, Number 160 (Friday, August 16, 1996)]
[Notices]
[Page 42673]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-20925]


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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2884]


Tennessee (And Contiguous Counties in Kentucky); Declaration of 
Disaster Loan Area

    Obion County and the contiguous counties of Dyer, Gibson, Lake, and 
Weakley in the State of Tennessee, and Fulton and Hickman Counties in 
the Commonwealth of Kentucky constitute a disaster area as a result of 
damages caused by flooding which occurred on July 30-31, 1996. 
Applications for loans for physical damage may be filed until the close 
of business on October 7, 1996 and for economic injury until the close 
of business on May 7, 1997 at the address listed below: U.S. Small 
Business Administration, Disaster Area 2 Office, One Baltimore Place, 
Suite 300, Atlanta, GA 30308, or other locally announced locations.
    The interest rates are:

------------------------------------------------------------------------
                                                                        
------------------------------------------------------------------------
For Physical Damage:                                             Percent
  Homeowners with credit available elsewhere..................     8.000
  Homeowners without credit available elsewhere...............     4.000
  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 numbers assigned to this disaster for physical damage are 
288406 for Tennessee and 288506 for Kentucky. For economic injury the 
numbers are 898300 for Tennessee and 898400 for Kentucky.

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

    Dated: August 7, 1996.
John T. Spotila,
Acting Administrator.
[FR Doc. 96-20925 Filed 8-15-96; 8:45 am]
BILLING CODE 8025-01-P