[Federal Register Volume 63, Number 40 (Monday, March 2, 1998)]
[Notices]
[Page 10254]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-5326]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3058]


State of Florida

    As a result of the President's major disaster declaration on 
February 12, 1998, I find that Broward, Dade, and Monroe Counties in 
the State of Florida constitute a disaster area due to damages caused 
by severe storms, high winds, tornadoes, and flooding which occurred on 
February 2-4, 1998. Applications for loans for physical damages may be 
filed until the close of business on April 13, 1998, and for loans for 
economic injury until the close of business on November 12, 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 Collier, Hendry, and 
Palm Beach in the State of Florida may be filed until the specified 
date at the above location.
    The interest rates are:

------------------------------------------------------------------------
                                                                 Percent
------------------------------------------------------------------------
Physical damage:                                                        
  Homeowners with credit available elsewhere..................     7.250
  Homeowners without credit available elsewhere...............     3.625
  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 305812 
and for economic injury the number is 974900.

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

    Dated: February 18, 1998.
Herbert L. Mitchell,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 98-5326 Filed 2-27-98; 8:45 am]
BILLING CODE 8025-01-P