E6-14778. New Mexico Disaster # NM-00004

AGENCY:

U.S. Small Business Administration.

ACTION:

Notice.

SUMMARY:

This is a Notice of the Presidential declaration of a major disaster for the State of New Mexico (FEMA-1659-DR), dated 08/30/2006.

Incident: Severe Storms and Flooding.

Incident Period: 07/26/2006 and continuing.

Effective Date: 08/30/2006.

Physical Loan Application Deadline Date: 10/30/2006.

Economic Injury (Eidl) Loan Application Deadline Date: 05/30/2007.

ADDRESSES:

Submit completed loan applications to: U.S. Small Business Administration, National Processing And Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

FOR FURTHER INFORMATION CONTACT:

A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street, SW., Suite 6050, Washington, DC 20416.

SUPPLEMENTARY INFORMATION:

Notice is hereby given that as a result of the President's major disaster declaration on 08/30/2006, applications for disaster loans may be filed at the address listed above or other locally announced locations.

The following areas have been determined to be adversely affected by the disaster:

Primary Counties (Physical Damage and Economic Injury Loans): Dona Ana.

Contiguous Counties (Economic Injury Loans Only): New Mexico: Luna, Otero, Sierra.Texas: El Paso.

The Interest Rates are:

	Percent
For Physical Damage:
Homeowners with credit available elsewhere	6.250
Homeowners without credit available elsewhere	3.125
Businesses with credit available elsewhere	7.934
Other (including non-profit organizations) with credit available elsewhere	5.000
Businesses and non-profit organizations without credit available elsewhere	4.000
For Economic Injury:
Businesses & small agricultural cooperatives without credit available elsewhere	4.000

The number assigned to this disaster for physical damage is 10597 6 and for economic injury is 10598 0.

(Catalog of Federal Domestic Assistance Numbers 59002 and 59008)

Herbert L. Mitchell,

Associate Administrator for Disaster Assistance.