[Federal Register Volume 63, Number 78 (Thursday, April 23, 1998)]
[Notices]
[Pages 20238-20239]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-10758]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3076]


State of Alabama

    As a result of the President's major disaster declaration on April 
9, 1998, I find that Jefferson, St. Clair, and Tuscaloosa Counties in 
the State of Alabama constitute a disaster area due to damages caused 
by severe storms and tornadoes beginning on April 8, 1998 and 
continuing. Applications for loans for physical damages as a result of 
this disaster may be filed until the close of business on June 8, 1998, 
and for loans for economic injury until the close of business on 
January 11, 1999 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 following contiguous counties in Alabama may 
be filed until the specified date at the above location: Bibb, Blount, 
Calhoun, Etowah, Fayette, Greene, Hale, Pickens, Shelby, Talladega, and 
Walker.
    The interest rates are:

------------------------------------------------------------------------
                                                                Percent 
------------------------------------------------------------------------
Physical Damage:                                                        
  Homeowners with credit available elsewhere.................      7.000
  Homeowners without credit available elsewhere..............      3.500
  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 are 307612 for physical 
damage and 983300 for economic injury.

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


[[Page 20239]]


    Dated: April 14, 1998.
Herbert L. Mitchell,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 98-10758 Filed 4-22-98; 8:45 am]
BILLING CODE 8025-01-P