[Federal Register Volume 61, Number 148 (Wednesday, July 31, 1996)]
[Notices]
[Pages 40059-40060]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-19403]


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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area # 2875]


North Carolina; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on July 
18, 1996, and an amendment thereto on July 22, I find that Beaufort, 
Brunswick, Carteret, Craven, Duplin, Hyde, Jones, Lenoir, New Hanover, 
Onslow, Pender, and Pitt Counties in the State of North Carolina 
constitute a disaster area due to damages caused by severe storms, high 
wind, flooding, and related effects of Hurricane Bertha which occurred 
July 10-13, 1996. Applications for loans for physical damages may be 
filed until the close of business on Setember 16, 1996, and for loans 
for economic injury until the close of business on April 18, 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: Bladen, Columbus, Dare, Edgecombe, Greene, Martin, Pamilco, 
Sampson, Tyrrell, Washington, Wayne, and Wilson Counties in North 
Carolina, and Horry County in South Carolina.
    Interest rates are:

------------------------------------------------------------------------
                                                                 Percent
------------------------------------------------------------------------
For Physical Damage:                                                    
  Homeowners with credit available elsewhere..................    7. 625
  Homeowners without credit available elsewhere...............     3.875
  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 287508. 
For economic injury the numbers are 896900 for North Carolina, and 
897000 for South Carolina.

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

[[Page 40060]]

    Dated: July 23, 1996.
 Bernard Kulik,
 Associate Administrator for Disaster Assistance.
[FR Doc. 96-19403 Filed 7-30-96; 8:45 am]
BILLING CODE 8025-01-U