[Federal Register Volume 63, Number 19 (Thursday, January 29, 1998)]
[Notices]
[Page 4518]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-2231]



[[Page 4518]]

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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3046]


State of New York

    As a result of the President's major disaster declaration on 
January 10, 1998 and an amendment thereto on January 12, I find that 
Clinton, Essex, Franklin, Jefferson, Lewis, and St. Lawrence Counties 
in the State of New York constitute a disaster area due to damages 
caused by severe winter and ice storms, high winds, and flooding 
beginning on January 5, 1998 and continuing. Applications for loans for 
physical damages as a direct result of this disaster may be filed until 
the close of business on March 10, 1998, and for loans for economic 
injury until the close of business on October 13, 1998 at the address 
listed below or other locally announced locations: U.S. Small Business 
Administration, Disaster Area 1 Office, 360 Rainbow Blvd. South, 3rd 
Floor, Niagara Falls, NY 14303.
    In addition, applications for economic injury loans from small 
businesses located in the contiguous counties of Hamilton, Herkimer, 
Oneida, Oswego, Warren, and Washington in the State of New York, and 
Addison, Chittenden, and Grand Isle Counties in the State of Vermont 
may be filed until the specified date at the above location.
    The interest rates are:

------------------------------------------------------------------------
                                                                 Percent
------------------------------------------------------------------------
Physical damage:                                                        
  Homeowners with credit available elsewhere..................     7.625
  Homeowners without credit available elsewhere...............     3.812
  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 304611. 
For economic injury the numbers are 971200 for New York and 971300 for 
Vermont.

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

    Dated: January 15, 1998.
Herbert L. Mitchell,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 98-2231 Filed 1-28-98; 8:45 am]
BILLING CODE 8025-01-P