[Federal Register Volume 59, Number 142 (Tuesday, July 26, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-18064]


[[Page Unknown]]

[Federal Register: July 26, 1994]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster Loan Area #2731]

 

South Dakota (And Contiguous Counties in Minnesota); Declaration 
of Disaster Loan Area

    Brookings and Codington Counties and the contiguous counties of 
Clark, Day, Deuel, Grant, Hamlin, Kingsbury, Lake, and Moody in South 
Dakota, and Lincoln and Pipestone Counties in Minnesota constitute a 
disaster area as a result of flooding caused by excessive rainfall 
which occurred on June 17, 1994. Applications for loans for physical 
damage as a result of this disaster may be filed until the close of 
business on September 12, 1994 and for economic injury until the close 
of business on April 14, 1995 at the address listed below: U.S. Small 
Business Administration, Disaster Area 1 Office, 360 Rainbow Blvd. 
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.................      7.125
  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 numbers assigned to this disaster for physical damage are 
273106 for South Dakota and 273206 for Minnesota. For economic injury 
the numbers are 829600 for South Dakota and 829700 for Minnesota.

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

Dated: July 14, 1994.
Erskine B. Bowles,
Administrator.
[FR Doc. 94-18064 Filed 7-25-94; 8:45 am]
BILLING CODE 8025-01-M