[Federal Register Volume 62, Number 187 (Friday, September 26, 1997)]
[Notices]
[Page 50649]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-25626]



[[Page 50649]]

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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #2981]


State of Illinois

    As a result of the President's major disaster declaration on 
September 17, 1997, I find that Cook County, Illinois constitutes a 
disaster area due to damages caused by severe thunderstorms and flash 
flooding which occurred August 16-17, 1997. Applications for loans for 
physical damages may be filed until the close of business on November 
15, 1997, and for loans for economic injury until the close of business 
on June 17, 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 contiguous counties of Du Page, Kane, Lake, 
McHenry, and Will in Illinois, and Lake County, Indiana may be filed 
until the specified date at the above location.
    The interest rates are:

------------------------------------------------------------------------
                                                                Percent 
------------------------------------------------------------------------
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 298106 
and for economic injury the numbers are 960900 for Illinois and 961000 
for Indiana.

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

    Dated: September 19, 1997.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 97-25626 Filed 9-25-97; 8:45 am]
BILLING CODE 8025-01-P