[Federal Register Volume 63, Number 56 (Tuesday, March 24, 1998)]
[Notices]
[Page 14163]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-7587]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3066]


State of Alabama

    As a result of the President's major disaster declaration on March 
9, 1998, and an amendment thereto on March 10, I find that Coffee, 
Covington, Dale, Escambia, Geneva, and Houston Counties in the State of 
Alabama constitute a disaster area due to damages caused by severe 
storms and flooding beginning on March 7, 1998 and continuing. 
Applications for loans for physical damages may be filed until the 
close of business on May 8, 1998, and for loans for economic injury 
until the close of business on December 9, 1998 at the address listed 
below or other locally announced locations:

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: Baldwin, Barbour, 
Butler, Conecuh, Crenshaw, Henry, Monroe, and Pike Counties in Alabama; 
Escambia, Holmes, Jackson, Okaloosa, Santa Rosa, and Walton Counties in 
Florida; and Early and Seminole Counties in Georgia.
    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 306606. 
For economic injury the numbers are 976000 for Alabama, 976100 for 
Florida, and 976200 for Georgia.

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

    Dated: March 13, 1998.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 98-7587 Filed 3-23-98; 8:45 am]
BILLING CODE 8025-01-P