[Federal Register Volume 59, Number 100 (Wednesday, May 25, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-12656]


[[Page Unknown]]

[Federal Register: May 25, 1994]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster Loan Area #2721]

 

Maine; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on May 
13, 1994, I find that Aroostook County in the State of Maine 
constitutes a disaster area as a result of damages caused by heavy 
rains, unseasonably warm temperatures, severe ice jams and flooding 
which occurred April 15, 1994, and continuing. Applications for loans 
for physical damage may be filed until the close of business on July 
12, 1994, and for economic injury until the close of business on 
February 14, 1995, 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. 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: Penobscot, 
Piscataquis, and Washington Counties in the State of Maine.
    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 in the 
State of Maine is 272106 and for economic injury the number is 826300.

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

    Dated: May 18, 1994.
Bernard Kulik,
Assistant Administrator for Disaster Assistance.
[FR Doc. 94-12656 Filed 5-24-94; 8:45 am]
BILLING CODE 8025-01-M