[Federal Register Volume 61, Number 94 (Tuesday, May 14, 1996)]
[Notices]
[Page 24346]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-11956]



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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2850]


Illinois; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on April 
23, 1996, and an amendment thereto on April 30, I find that Champaign, 
Henry, Lake, Macon, and Marion Counties in the State of Illinois 
constitute a disaster area due to damages caused by severe storms and 
tornadoes which occurred April 18 and 19, 1996. Applications for loans 
for physical damages may be filed until the close of business on June 
24, 1996, and for loans for economic injury until the close of business 
on January 23, 1997 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: Bureau, Christian, Clay, Clinton, Cook, DeWitt, 
Douglas, Edgar, Fayette, Ford, Jefferson, Knox, Logan, McHenry, McLean, 
Mercer, Moultrie, Pliatt, Rock Island, Sangamon, Shelby, Stark, 
Vermilion, Washington, Wayne, and Whiteside Counties in Illinois; and 
Kenosha County, Wisconsin.

    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
------------------------------------------------------------------------

    The number assigned to this disaster for physical damage is 285012. 
For economic injury the numbers are 883700 for Illinois and 884000 for 
Wisconsin.
(Catalog of Federal Domestic Assistance Program Nos. 59002 and 
59008)

    Dated: May 7, 1996.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 96-11956 Filed 5-13-96; 8:45 am]
BILLING CODE 8025-01-P