[Federal Register Volume 63, Number 88 (Thursday, May 7, 1998)]
[Notices]
[Page 25261]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-12081]


-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3078]


State of Tennessee

    As a result of the President's major disaster declaration on April 
20, 1998, and amendments thereto on April 22 and 23, I find that the 
following counties in the State of Tennessee constitute a disaster area 
due to damages caused by severe storms, tornadoes, and flooding 
beginning on April 16, 1998 and continuing: Anderson, Bradley, 
Campbell, Claiborne, Crockett, Davidson, Dickson, Dyer, Hancock, Knox, 
Lawrence, Loudon, Maury, Morgan, Pickett, Rhea, Robertson, Sevier, 
Union, Wayne, and Wilson. Applications for loans for physical damages 
may be filed until the close of business on June 19, 1998, and for 
loans for economic injury until the close of business on January 20, 
1999 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: Bledsoe, Blount, 
Cannon, Cheatham, Clay, Cocke, Cumberland, Decatur, DeKalb, Fentress, 
Gibson, Giles, Grainger, Hamilton, Hardin, Hawkins, Haywood, Hickman, 
Houston, Humphreys, Jefferson, Lake, Lauderdale, Lewis, Madison, 
Marshall, McMinn, Meigs, Monroe, Montgomery, Obion, Overton, Perry, 
Polk, Roane, Rutherford, Scott, Smith, Sumner, Trousdale, and 
Williamson Counties in Tennessee; Bell Clinton, Logan, McCreary, 
Simpson, Todd, Wayne, and Whitley Counties in Kentucky; Lauderdale and 
Limestone Counties in Alabama, Lee and Scott Counties in Virginia; 
Haywood and Swain Counties in North Carolina, and Catoosa, Murray, and 
Whitfield Counties in Georgia.
    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 number assigned to this disaster for physical damage is 307812. 
For economic injury the numbers are 983800 for Tennessee, 983900 for 
Kentucky, 984000 for Alabama, 984800 for Virginia, 984900 for North 
Carolina, and 985000 for Georgia.

    Dated: April 28, 1998.

(Catalog of Federal Domestic Assistance Program Nos. 59002 and 
59008)
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 98-12081 Filed 5-6-98; 8:45 am]
BILLING CODE 8025-01-P