[Federal Register Volume 63, Number 43 (Thursday, March 5, 1998)]
[Notices]
[Page 10961]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-5679]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3062]


State of Delaware; and Contiguous Counties in Maryland

    Sussex County and the contiguous County of Kent in the State of 
Delaware, and Caroline, Dorchester, Wicomico, and Worcester Counties in 
the State of Maryland constitute a disaster area as a result of damages 
caused by heavy rains and flooding resulting from a Nor'easter that 
occurred on February 4 and 5, 1998. Applications for loans for physical 
damage may be filed until the close of business on April 27, 1998 and 
for economic injury until the close of business on November 24, 1998 at 
the address listed below or other locally announced locations: Small 
Business Administration, Disaster Area 1 Office, 360 Rainbow Blvd., 
South 3rd Floor, Niagara Falls, NY 14303.
    The interest rates are:

------------------------------------------------------------------------
                                                                Percent 
------------------------------------------------------------------------
For 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 numbers assigned to this disaster for physical damage are 
306206 for Delaware and 306306 for Maryland. For economic injury the 
numbers are 975500 for Delaware and 975600 for Maryland.

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

    Dated: February 24, 1998.
Aida Alvarez,
Administrator.
[FR Doc. 98-5679 Filed 3-4-98; 8:45 am]
BILLING CODE 8025-01-P