[Federal Register: September 16, 1998 (Volume 63, Number 179)]
[Notices]               
[Page 49628-49629]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr16se98-98]

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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3126]

 
State of North Carolina

    As a result of the President's major disaster declaration on August 
27, 1998, and amendments thereto on September 1 and 2, I find that the 
following counties in the State of North Carolina constitute a disaster 
area due to damages caused by Hurricane Bonnie beginning on August 25, 
1998 and continuing through September 1, 1998: Beaufort, Bertie, 
Bladen, Brunswick, Camden, Carteret, Chowan, Columbus, Craven, 
Cumberland, Currituck, Dare, Duplin, Greene, Hyde, Jones, Lenoir, 
Martin, New Hanover, Onslow, Pamlico, Pasquotank, Pender, Perquimans, 
Pitt, Robeson, Sampson, Tyrrell, Washington, and Wayne. Applications 
for loans for physical damages as a result of this disaster may be 
filed until the close of business on October 26, 1998, and for loans 
for economic injury until the close of business on May 27, 1999 at the 
address listed below or other locally announced locations:

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 and independent 
cities may be filed until the specified date at the above location: 
Edgecombe, Gates, Halifax, Harnett, Hertford, Hoke, Johnston, Moore, 
Northampton, Scotland, and Wilson Counties in North Carolina; Dillon, 
Horry, and Marlboro Counties in South Carolina; and the Independent 
Cities of Chesapeake, Suffolk, and Virginia Beach in Virginia. The 
interest rates are:

------------------------------------------------------------------------
                                                                Percent 
------------------------------------------------------------------------
Physical Damage:                                                        
  HOMEOWNERS WITH CREDIT AVAILABLE ELSEWHERE.................      6.875
  HOMEOWNERS WITHOUT CREDIT AVAILABLE ELSEWHERE..............      3.437
  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 312608. 
For economic injury the numbers are 998400 for North Carolina, 998500 
for South Carolina, and 998600 for Virginia.

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


[[Page 49629]]


    Dated: September 3, 1998.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 98-24791 Filed 9-15-98; 8:45 am]
BILLING CODE 8025-01-P