[Federal Register Volume 61, Number 248 (Tuesday, December 24, 1996)]
[Notices]
[Pages 67863-67864]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-32624]


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

SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2913]


New Jersey; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on 
November 19, 1996, I find that Hudson, Middlesex, Morris, Somerset, and 
Union Counties in the State of New Jersey constitute a disaster area 
due to damages caused by severe storms and flooding which occurred 
October 18-23, 1996. Applications for loans for physical damages may be 
filed until the close of business on January 18, 1997, and for loans 
for economic injury until the close of business on August 19, 1997 at 
the address listed below: Small Business Administration, Disaster Area 
1 Office, 360 Rainbow Blvd., South 3rd Floor, Niagara Falls, NY 14303, 
or other locally announced locations. In addition, applications for 
economic injury loans from small businesses located in the contiguous 
counties of Bergen, Essex, Hunterdon, Mercer, Monmouth, Passaic, 
Sussex, and Warren in the State of New Jersey may be filed until the 
specified date at the above location. Any counties contiguous to the 
above-named counties and not listed herein have been previously 
declared.
    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
Business 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
------------------------------------------------------------------------


[[Page 67864]]

    The number assigned to this disaster for physical damage is 291311 
and for economic injury the number is 925400.

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

    Dated: December 12, 1996.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 96-32624 Filed 12-23-96; 8:45 am]
BILLING CODE 8025-01-P