[Federal Register Volume 59, Number 80 (Tuesday, April 26, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-9985]


[[Page Unknown]]

[Federal Register: April 26, 1994]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster Loan Area #2706]

 

Alabama; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on March 
30, 1994 I find that the Counties of Calhoun, DeKalb, Marshall, 
Cherokee, St. Clair and Shelby in the State of Alabama constitute a 
disaster area as result of damages caused by severe storms, tornadoes 
and flooding which began March 27, 1994 and continuing. Applications 
for loans for physical damage may be filed until the close of business 
on May 28, 1994, and for loans for economic injury until the close of 
business on December 30, 1994, at the address listed below: U.S. Small 
Business Administration, Disaster Area 2 Office, One Baltimore Place, 
suite 300 Atlanta, Georgia 30308 or other locally announced locations. 
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: Bibb, Blount, Chilton, 
Cleburne, Coosa, Cullman, Etowah, Jackson, Jefferson, Madison, Morgan 
and Talladega in the State of Alabama and Chattooga, Dade, Floyd, Polk 
and Walker in the State of Georgia.
    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 for physical damage is 270612 
and for economic injury the numbers are 821900 for Alabama and 822100 
for Georgia.

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

    Dated: April 7, 1994.
Alfred E. Judd,
Acting Assistant Administrator for Disaster Assistance.
[FR Doc. 94-9985 Filed 4-25-94; 8:45 am]
BILLING CODE 8025-01-M