[Federal Register Volume 61, Number 186 (Tuesday, September 24, 1996)]
[Notices]
[Page 50068]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-24414]


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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2895]


Virginia; Declaration of Disaster Loan Area

    On September 6, 1996, the President approved a major disaster 
declaration for the Commonwealth of Virginia which was for emergency 
purposes only. That declaration was amended on September 7 to add 
Individual Assistance. As a result of that amendment and subsequent 
amendments on September 9 and 11, I find that the Independent Cities of 
Danville, Harrisonburg, Martinsville, Staunton, and Waynesboro and the 
counties of Augusta, Clarke, Halifax (including the Independent City of 
South Boston), Madison, Mecklenburg, Nelson, Page, Pittsylvania, 
Rappahannock, Rockbridge (including the Independent Cities of Buena 
Vista and Lexington), Rockingham, Shenandoah, and Warren in the 
Commonwealth of Virginia constitute a disaster area due to damages 
caused by Hurricane Fran and associated severe storm conditions, 
including high winds, tornadoes, wind driven rain, and river and flash 
flooding beginning on September 5, 1996 and continuing. Applications 
for loans for physical damages may be filed until the close of business 
on November 6, 1996, and for loans for economic injury until the close 
of business on June 9, 1997 at the address listed below: U.S. Small 
Business Administration, Disaster Area 1 Office, 360 Rainbow Blvd. 
South, 3rd Fl., Niagara Falls, NY 14303, 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: Albemarle 
(including the Independent City of Charlottesville), Alleghany 
(including the Independent Cities of Clifton Forge and Covington), 
Amherst, Appomattox, Bath, Bedford (including the Independent City of 
Bedford), Botetourt, Brunswick, Buckingham, Campbell (including the 
Independent City of Lynchburg), Charlotte, Culpeper, Franklin, 
Fauquier, Frederick, Greene, Henry, Highland, Loudoun, Lunenburg, and 
Orange Counties in the Commonwealth of Virginia.
    Any counties contiguous to the above-named counties and not listed 
herein have been covered under a separate declaration for the same 
occurrence.
    Interest rates are:

------------------------------------------------------------------------
                                                                 Percent
------------------------------------------------------------------------
For physical damage:                                                    
  Homeowners with credit available elsewhere..................     8.000
  Homeowners without credit available elsewhere...............     4.000
  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 289508 
and for economic injury the number is 917300.

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

    Dated: September 13, 1996.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 96-24414 Filed 9-23-96; 8:45 am]
BILLING CODE 8025-01-P