[Federal Register Volume 61, Number 152 (Tuesday, August 6, 1996)]
[Notices]
[Page 40875]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-19955]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster Loan Area #2880]


Illinois; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on July 
25, 1996, I find that Cook, De Kalb, Du Page, Grundy, Kane, Kendall, La 
Salle, Ogle, Stephenson, Will, and Winnebago Counties in the State of 
Illinois constitute a disaster area due to damages caused by severe 
storms and flooding beginning on July 17, 1996 and continuing. 
Applications for loans for physical damages may be filed until the 
close of business on September 23, 1996, and for loans for economic 
injury until the close of business on April 25, 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: 
Boone, Bureau, Carroll, Jo Daviess, Kankakee, Lake, Lee, Livingston, 
Marshall, McHenry, Putnam, Whiteside, and Woodford Counties in 
Illinois; Green, Lafayette, and Rock Counties in Wisconsin; and Lake 
County, Indiana.
    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 288006. 
For economic injury the numbers are 897500 for Illinois; 897600 for 
Wisconsin; and 897700 for Indiana.

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

    Dated: July 30, 1996.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 96-19955 Filed 8-05-96; 8:45 am]
BILLING CODE 8025-01-P