[Federal Register Volume 63, Number 154 (Tuesday, August 11, 1998)]
[Notices]
[Pages 42899-42900]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-21466]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3112)]


State of North Dakota

    As a result of the President's major disaster declaration on June 
15, 1998 for Public Assistance, and amendments thereto one of which, 
dated July 21, added Individual Assistance, I find that the following 
counties in the State of North Dakota constitute a disaster area due to 
damages caused by severe storms, flooding, and ground saturation 
beginning on March 2, 1998 and continuing through July 18, 1998: 
Barnes, Benson, Cass, Dickey, LaMoure, Nelson, Pembina, Pierce, Ramsey, 
Ransom, Richland, Rolette, Sargent, Stutsman, Towner, and Walsh, and 
the Indian Reservations of the Spirit Lake Sioux Tribe and the Turtle 
Mountain Band of Chippewa. Applications for loans for physical damages 
as a result of this disaster may be filed until the close of business 
on September 19, 1998, and for loans for economic injury until the 
close of business on April 21, 1999 at the address listed below or 
other locally announced locations: U.S. 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 following contiguous counties may be filed 
until the specified date at the above location: Bottineau, Cavalier, 
Eddy, Foster, Grand Forks, Griggs, Kidder, Logan, McHenry, McIntosh, 
Sheridan, Steele, Traill, and Wells Counties in North Dakota; Clay, 
Kittson, Marshall, Norman, Polk, Traverse, and Wilkin Counties in 
Minnesota; and Brown, Marshall, McPherson, and Roberts Counties in 
South Dakota.
    The interest rates are:

------------------------------------------------------------------------
                                                                Percent 
------------------------------------------------------------------------
For 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

[[Page 42900]]

                                                                        
    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 311206. 
For economic injury the numbers are 994600 for North Dakota; 994700 for 
Minnesota; and 994800 for South Dakota.

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

    Dated: July 29, 1998.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 98-21466 Filed 8-10-98; 8:45 am]
BILLING CODE 8025-01-P