[Federal Register Volume 61, Number 248 (Tuesday, December 24, 1996)]
[Notices]
[Page 67864]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-32625]


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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2914]


New York; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on 
November 19, 1996, I find that New York City and Nassau and Suffolk 
Counties in the State of New York constitute a disaster area due to 
damages caused by severe storms and flooding which occurred October 19 
and 20, 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: U.S. 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 
county of Westchester in the State of New York 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
  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 291411 
and for economic injury the number is 925500.

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

    Dated: December 12, 1996.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 96-32625 Filed 12-23-96; 8:45 am]
BILLING CODE 8025-01-P