[Federal Register Volume 63, Number 116 (Wednesday, June 17, 1998)]
[Notices]
[Pages 33120-33121]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-16058]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3085]


State of South Dakota

    As a result of the President's major disaster declaration on June 
1, 1998, and an amendment thereto on June 3, I find that Hanson and 
McCook Counties in the State of South Dakota constitute a disaster area 
due to damages caused by flooding, severe storms, and tornadoes 
beginning on April 25, 1998 and continuing.
    Applications for loans for physical damages as a result of this 
disaster may be filed until the close of business on July 31, 1998, and 
for loans for economic injury until the close of business on March 1, 
1999 at the address listed below or other locally announced locations:

Small Business Administration, Disaster Area 3 Office, 4400 Amon Carter 
Blvd., Suite 102, Fort Worth, TX 76155.

    In addition, applications for economic injury loans from small 
businesses located in the contiguous counties of Davison, Hutchinson, 
Lake, Miner, Minnehaha, Sanborn, and Turner in South Dakota may be 
filed until the specified date at the above location.
    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 308512 
and for economic injury the number is 988100.

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


[[Page 33121]]


    Dated: June 5, 1998.
Herbert L. Mitchell,
Acting Associate, Administrator for Disaster Assistance.
[FR Doc. 98-16058 Filed 6-16-98; 8:45 am]
BILLING CODE 8025-01-P