[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: 96-32626]


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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2918]


New York; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on 
December 9, 1996, I find that Clinton, Essex, Fulton, Montgomery, 
Schuyler, and Steuben Counties in the State of New York constitute a 
disaster area due to damages caused by severe thunderstorms, high 
winds, rain and flooding which occurred November 8-15, 1996. 
Applications for loans for physical damages may be filed until the 
close of business on February 7, 1997, and for loans for economic 
injury until the close of business on September 9, 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 following 
contiguous counties may be filed until the specified date at the above 
location: Allegany, Chemung, Franklin, Hamilton, Herkimer, Livingston, 
Ontario, Otsego, Saratoga, Schenectady, Schohoarie, Seneca, Tompkins, 
Warren, Washington, and Yates Counties in New York; Addison, 
Chittenden, and Grand Isle Counties in Vermont; and Potter and Tioga 
Counties in Pennsylvania. 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........................................     7.250
For Economic Injury:                                                    
  Businesses and small agricultural cooperatives without                
   credit available elsewhere.................................     4.000
------------------------------------------------------------------------

    The number assigned to this disaster for physical damage is 291806. 
For economic injury the numbers are 932200 for New York; 932300 for 
Vermont; and 932400 for Pennsylvania.

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

    Dated: December 12, 1996.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 96-32626 Filed 12-23-96; 8:45 am]
BILLING CODE 8025-01-P