[Federal Register Volume 67, Number 92 (Monday, May 13, 2002)]
[Notices]
[Page 32077]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-11927]


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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3407]


Federated States of Micronesia; State of Yap; Disaster Loan Areas

    The State of Yap in the Federated States of Micronesia constitutes 
a disaster area as a result of damages caused by Typhoon Mitag that 
began on February 26 and continued through March 3, 2002. The typhoon 
caused structural damages throughout the State of Yap from wind, rain, 
strong tidal surges and flooding in low-lying coastal areas. 
Applications for loans for physical damage as a result of this disaster 
may be filed until the close of business on July 8, 2002, and for 
economic injury until the close of business on February 7, 2003, at the 
address listed below or other locally announced locations: U.S. Small 
Business Administration, Disaster Area 4 Office, P.O. Box 13795, 
Sacramento, CA 95853-4795.
    The interest rates are:

------------------------------------------------------------------------
                                                                Percent
------------------------------------------------------------------------
For Physical Damage:
  Homeowners with credit available elsewhere.................      6.625
  Homeowners without credit available elsewhere..............      3.312
  Businesses with credit available elsewhere.................      7.000
  Businesses and non-profit organizations without credit           3.500
   available elsewhere.......................................
  Others (including non-profit organizations) with credit          6.375
   available elsewhere.......................................
For Economic Injury:
  Businesses and small agricultural cooperatives without           3.500
   credit available elsewhere................................
------------------------------------------------------------------------

    The number assigned to this disaster for physical damage is 340706 
and for economic damage is 9P3800.


(Catalog of Federal Domestic Assistance Program Nos. 59002 and 
59008)
    Dated: May 7, 2002.
Hector V. Barreto,
Administrator.
[FR Doc. 02-11927 Filed 5-10-02; 8:45 am]
BILLING CODE 8025-01-P