[Federal Register Volume 62, Number 74 (Thursday, April 17, 1997)]
[Notices]
[Pages 18827-18828]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-9942]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #2945]


State of Tennessee

    As a result of the President's major disaster declaration on April 
2, 1997, I find that the following counties in the State of Tennessee 
constitute a disaster area due to damages caused by severe storms and 
tornadoes on March 28 through March 29, 1997: Bradley, Hamilton, Polk, 
Sequatchie, and Smith. Applications for loans for physical damages may 
be filed until the close of business on June 1, 1997, and for loans for 
economic injury until the close of business on January 2, 1998 at the 
address listed below or other locally announced locations: U.S. Small 
Business Administration, Disaster Area

[[Page 18828]]

2 Office, One Baltimore Place, Suite 300, Atlanta, GA 30308.
    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: Bledsoe, DeKalb, 
Grundy, Jackson, Macon, Marion, McMinn, Meigs, Monroe, Putnam, Rhea, 
Trousdale, Van Buren, Warren, and Wilson in the State of Tennessee; 
Catoosa, Dade, Fannin, Murray, Walker, and Whitfield in the State of 
Georgia; and Cherokee in the State of North Carolina.
    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.....................................        7.250
For Economic Injury:                                                    
  BUSINESSES AND SMALL AGRICULTURAL COOPERATIVES WITHOUT                
   CREDIT AVAILABLE ELSEWHERE..............................        4.000
------------------------------------------------------------------------

    The number assigned to this disaster for physical damage is 294512. 
For economic injury the numbers are 945300 for Tennessee, 945400 for 
Georgia, and 945500 for North Carolina.

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

    Dated: April 10, 1997.
Herbert Mitchell,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 97-9942 Filed 4-16-97; 8:45 am]
BILLING CODE 8025-01-P