[Federal Register Volume 61, Number 66 (Thursday, April 4, 1996)]
[Notices]
[Page 15153]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-8349]



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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2844]


Alabama; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on March 
20, 1996, I find that Dallas, Macon, and Montgomery Counties in the 
State of Alabama constitute a disaster area due to damages caused by 
severe storms, flooding, and tornadoes which occurred March 5-6, 1996. 
Applications for loans for physical damages may be filed until the 
close of business on May 20, 1996, and for loans for economic injury 
until the close of business on December 20, 1996 at the address listed 
below: U.S. Small Business Administration, Disaster Area 2 Office, One 
Baltimore Place, Suite 300, Atlanta, GA 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: 
Autauga, Bullock, Chilton, Crenshaw, Elmore, Lee, Lowndes, Marengo, 
Perry, Pike, Russell, Tallapoosa, and Wilcox in the State of Alabama.
    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.................     8.000%
  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%
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    The number assigned to this disaster for physical damage is 284412 
and for economic injury the number is 881200.

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

    Dated: March 27, 1996.
Herbert L. Mitchell,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 96-8349 Filed 4-3-96; 8:45 am]
BILLING CODE 8025-01-P