[Federal Register: April 15, 1998 (Volume 63, Number 72)]
[Notices]               
[Page 18483-18484]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr15ap98-158]

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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3074]

 
State of Minnesota

    As a result of the President's major disaster declaration on April 
1, 1998, and amendments thereto on April 1 and 3, I find that Brown, 
Cottonwood, LeSueur, Nicollet, and Rice Counties in the State of 
Minnesota constitute a disaster area due to damages caused by severe 
storms and tornadoes that occurred on March 29, 1998.

[[Page 18484]]

Applications for loans for physical damages as a result of this 
disaster may be filed until the close of business on May 31, 1998, and 
for loans for economic injury until the close of business on January 4, 
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.
    In addition, applications for economic injury loans from small 
businesses located in the following contiguous counties in Minnesota 
may be filed until the specified date at the above location: Blue 
Earth, Dakota, Dodge, Goodhue, Jackson, Martin, Murray, Nobles, 
Redwood, Renville, Scott, Sibley, Steele, Waseca, and Watonwan.
    The interest rates are:

------------------------------------------------------------------------
                                                                Percent 
------------------------------------------------------------------------
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
  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 are 307412 for physical 
damage and 980700 for economic injury.

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

    Dated: April 7, 1998.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 98-9960 Filed 4-14-98; 8:45 am]
BILLING CODE 8025-01-P