[Federal Register Volume 62, Number 77 (Tuesday, April 22, 1997)]
[Notices]
[Pages 19636-19637]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-10294]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #2949]


State of Minnesota

    As a result of the President's major disaster declaration on April 
8, 1997, I find that the following counties in the State of Minnesota 
constitute a disaster area due to damages caused by severe flooding, 
severe winter storms, snowmelt, high winds, rain, and ice beginning 
March 21, 1997 and continuing: Benton, Big Stone, Brown, Chippewa, 
Clay, Kittson, LacQui Parle, Marshall, Norman, Pennington, Polk, Red 
Lake, Roseau, Sherburne, Stearns, Swift, Traverse, Washington, Wilkin, 
Wright, and Yellow Medicine. Applications for loans for physical 
damages may be filed until the close of business on June 7, 1997, and 
for loans for economic injury until the close of business on January 8, 
1998 at the address listed below or other locally announced locations: 
U.S. Small Business Administration, Disaster Area 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: Anoka, Becker, 
Beltrami, Blue Earth, Carver, Chisago, Clearwater, Cottonwood, Dakota, 
Douglas, Grant, Hennepin, Isanti, Kandiyohi, Lake of the Woods, 
Lincoln, Lyon, Mahnomen, McLeod, Meeker, Mille Lacs, Morrison, 
Nicollet, Otter Tail, Pope, Ramsey, Redwood, Renville, Stevens, Todd, 
and Watonwan in the State of Minnesota; and Pierce, Polk, and St. Croix 
in the State of Wisconsin. Any counties contiguous to the above-named 
primary counties and not listed herein have been covered under a 
separate declaration for the same occurrence.
    Interest rates are:

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                                                                Percent 
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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:                                                    

[[Page 19637]]

                                                                        
  Businesses and small agricultural cooperatives without                
   credit available elsewhere................................      4.000
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    The number assigned to this disaster for physical damage is 294906. 
For economic injury, the numbers are 947200 for Minnesota and 947300 
for Wisconsin.

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

    Dated: April 14, 1997.
Herbert Mitchell,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 97-10294 Filed 4-21-97; 8:45 am]
BILLING CODE 8025-01-P