[Federal Register Volume 59, Number 143 (Wednesday, July 27, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-18238]


[[Page Unknown]]

[Federal Register: July 27, 1994]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster Loan Area #2729]

 

Alabama; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on July 
8, 1994, I find that the Counties of Barbour, Coffee, Covington, Dale, 
Geneva, Henry, Houston, and Randolph in the State of Alabama constitute 
a disaster area as a result of damages caused by severe storms and 
flooding resulting from Tropical Storm Alberto on July 2, 1994, and 
continuing. Applications for loans for physical damage may be filed 
until the close of business on September 6, 1994, and for loans for 
economic injury until the close of business on April 10, 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: Bullock, Butler, Chambers, Clay, Cleburne, Conecuh, Crenshaw, 
Escambia, Pike, Russell, and Tallapoosa in the State of Alabama.
    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 number assigned to this disaster for physical damage is 272906 
and for economic injury the number is 829400.

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

    Dated: July 14, 1994.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 94-18238 Filed 7-26-94; 8:45 am]
BILLING CODE 8025-01-M