98-25500. Commonwealth of Virginia

[Federal Register Volume 63, Number 185 (Thursday, September 24, 1998)]
[Notices]
[Page 51112]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-25500]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3128]


Commonwealth of Virginia

    As a result of the President's major disaster declaration on 
September 4, 1998, I find that the Independent Cities of Chesapeake, 
Norfolk, Portsmouth, Suffolk, and Virginia Beach in the Commonwealth of 
Virginia constitute a disaster area due to damages caused by Hurricane 
Bonnie that occurred August 25, 1998 through September 1, 1998. 
Applications for loans for physical damages as a result of this 
disaster may be filed until the close of business on November 3, 1998, 
and for loans for economic injury until the close of business on June 
4, 1999 at the address listed below or other locally announced 
locations:

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 and independent 
cities in Virginia may be filed until the specified date at the above 
location: the Independent Cities of Hampton and Newport News, and the 
Counties of Isle of Wight and Southampton.
    The interest rates are:

------------------------------------------------------------------------
                                                                Percent
------------------------------------------------------------------------
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
------------------------------------------------------------------------

    The number assigned to this disaster for physical damage is 312808, 
and for economic injury the number is 998800.

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

    Dated: September 10, 1998.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 98-25500 Filed 9-23-98; 8:45 am]
BILLING CODE 8025-01-P