[Federal Register Volume 59, Number 64 (Monday, April 4, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-7966]


[[Page Unknown]]

[Federal Register: April 4, 1994]


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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2704 & 2705]

 

New Jersey (With a Contiguous County in New York); Declaration of 
Disaster Loan Area

    Middlesex County and the contiguous counties of Mercer, Monmouth, 
Somerset, and Union in the State of New Jersey and Richmond County in 
the State of New York constitute a disaster area as a result of damages 
caused by an explosion and resultant fire at the Durham Woods Apartment 
Complex on Talmadge Road in Edison Township, Middlesex County, which 
occurred on March 24, 1994. Applications for loans for physical damage 
may be filed until the close of business on May 26, 1994, and for 
economic injury until the close of business on December 27, 1994, at 
the address listed below: U.S. Small Business Administration, Disaster 
Area 1 Office, 360 Rainbow Boulevard South, 3rd Floor, Niagara Falls, 
NY 14303; or other locally announced locations.
    The interest rates are:

------------------------------------------------------------------------
                                                                Percent 
------------------------------------------------------------------------
For Physical Damage:                                                    
  Homeowners with credit available elsewhere.................      7.250
  Homeowners without credit available elsewhere..............      3.625
  Businesses with credit available elsewhere.................      7.700
  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 in New Jersey for physical 
damage is 270404 and for economic injury the number is 821400 and in 
New York the numbers are 270504 and 821500.

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

    Dated: March 25, 1994.
Erskine B. Bowles,
Administrator.
[FR Doc. 94-7966 Filed 4-1-94; 8:45 am]
BILLING CODE 8025-01-M