[Federal Register: July 17, 1998 (Volume 63, Number 137)]
[Notices]               
[Page 38686]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr17jy98-108]

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SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3101]

 
State of Vermont

    As a result of the President's major disaster declaration on June 
30, 1998, I find that Addison, Chittenden, Franklin, Lamoille, Orange, 
Rutland, Washington, and Windsor Counties in the State of Vermont 
constitute a disaster area due to damages caused by severe storms and 
flooding beginning on June 17, 1998, and continuing. Applications for 
loans for physical damages as a result of this disaster may be filed 
until the close of business on August 29, 1998, and for loans for 
economic injury until the close of business on March 30, 1999 at the 
address listed below or other locally announced locations: U.S. Small 
Business Administration, Disaster Area 1 Office, 360 Rainbow Blvd., 
South, 3rd Floor, Niagara Falls, NY 14303.
    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: Bennington, Caledonia, 
Grand Isle, Orleans, and Windham Counties in Vermont; Essex and 
Washington Counties in New York; and Grafton and Sullivan Counties in 
New Hampshire.
    The interest rates are:

------------------------------------------------------------------------
                                                                Percent 
------------------------------------------------------------------------
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 number assigned to this disaster for physical damage is 310106. 
For economic injury the numbers are 992300 for Vermont, 992400 for New 
York, and 992500 for New Hampshire.

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

    Dated: July 8, 1998.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 98-19096 Filed 7-16-98; 8:45 am]
BILLING CODE 8025-01-P