[Federal Register Volume 63, Number 132 (Friday, July 10, 1998)]
[Notices]
[Page 37436]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-18411]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster 3097]


State of Minnesota; and a Contiguous County in Wisconsin

    Dakota and Ramsey Counties and the contiguous counties of Anoka, 
Goodhue, Hennepin, Rice, Scott, and Washington in Minnesota, and Pierce 
County, Wisconsin constitute a disaster area as a result of damages 
caused by severe storms, high winds, and tornadoes that occurred May 15 
through May 30, 1998. Applications for loans for physical damage as a 
direct result of this disaster may be filed until the close of business 
on August 24, 1998 and for economic injury until the close of business 
on March 25, 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.
    The interest rates are:

------------------------------------------------------------------------
                                                                 Percent
------------------------------------------------------------------------
For 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 for physical damages are 
309712 for Minnesota and 309812 for Wisconsin. For economic injury the 
numbers are 991200 for Minnesota and 991300 for Wisconsin.

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

    Dated: June 25, 1998.
Aida Alvarez,
Administrator.
[FR Doc. 98-18411 Filed 7-9-98; 8:45 am]
BILLING CODE 8025-01-P