[Federal Register Volume 59, Number 90 (Wednesday, May 11, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-11298]


[[Page Unknown]]

[Federal Register: May 11, 1994]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster Loan Area #2716]

 

Illinois; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on April 
26, 1994, I find that the Counties of Cass, Champaign, De Witt, 
Douglas, Iroquois, Menard, Sangamon and Vermilion in the State of 
Illinois constitute a disaster area as a result of damages caused by 
severe storms and flooding on April 9, 1994 and continuing. 
Applications for loans for physical damage may be filed until the close 
of business on June 24, 1994, and for loans for economic injury until 
the close of business on January 26, 1995, 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: Brown, Christian, Coles, Edgar, Ford, Kankakee, Logan, Macon, 
Macoupin, Mason, McLean, Montgomery, Morgan, Moultrie, Piatt, and 
Schuyler Counties in Illinois and Benton, Newton, Vermillion and Warren 
Counties in the State of Indiana.
    The interest rates are:

    For Physical Damage: Homeowners With Credit Available Elsewhere--
7.125; Homeowners Without Credit Available Elsewhere--3.625; Businesses 
With Credit Available Elsewhere--7.125; 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 271606 
and for economic injury the numbers are 825400 for Illinois and 825500 
for Indiana.

(Catalog of Federal Domestic Assistance Program Nos. 49002 and 
59008).

    Dated: May 4, 1994.
Bernard Kulik,
Assistant Administrator for Disaster Assistance.
[FR Doc. 94-11298 Filed 5-10-94; 8:45 am]
BILLING CODE 8025-01-M