New York; Declaration of Disaster Loan Area

Full text

SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2826]


New York; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on 
January 24, 1996, and amendments thereto on January 26 and 29, and 
February 1 and 2, I find that the Counties of Albany, Allegany, Broome, 
Cattaraugus, Cayuga, Chemung, Chenango, Clinton, Columbia, Cortland, 
Delaware, Dutchess, Essex, Greene, Montgomery, Orange, Otsego, 
Rensselaer, Saratoga, Schenectady, Schoharie, Steuben, Sullivan, 
Thompkins, Tioga, and Ulster in the State of New York constitute a 
disaster area due to damages caused by severe storms and flooding which 
occurred January 19 through January 30, 1996. Applications for loans 
for physical damages may be filed until the close of business on March 
24 1996, and for loans for economic injury until the close of business 
on October 24, 1996 at the address listed below: U.S. Small Business 
Administration, Disaster Area 1 Office, 360 Rainbow Blvd. South, 3rd 
Fl., Niagara Falls, NY 14303
or other locally announced locations. 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: Chautauqua, Erie, Franklin, Fulton, Hamilton, Herkimer, 
Livingston, Madison, Oneida, Onondaga, Ontario, Oswego, Putnam, 
Rockland, Schuyler, Seneca, Warren, Washington, Wayne, Westchester, 
Wyoming, and Yates in New York; Addison, Bennington, Chittenden, and 
Grand Isle Counties in Vermont; Berkshire County in Massachusetts; and 
Fairfield and Litchfield Counties in Connecticut.
    Interest rates are:

------------------------------------------------------------------------
                                                               Percent  
------------------------------------------------------------------------
For Physical Damage:                                                    
  Homeowners With Credit Available Elsewhere...............        8.000
  Homeowners Without Credit Available Elsewhere............        4.000
  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 282606 
and for economic injury the numbers are 873700 for New York; 877300 for 
Vermont; 877400 for Massachusetts; and 877500 for Connecticut.
    Any counties contiguous to the above-named primary counties and not 
listed herein, have been declared under a separate declaration for the 
same occurrence.

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

    Dated: February 9, 1996.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 96-3797 Filed 2-20-96; 8:45 am]
BILLING CODE 8025-01-P  

Loading most recent entriesloading

Feedback