[Federal Register Volume 61, Number 186 (Tuesday, September 24, 1996)]
[Notices]
[Pages 50067-50068]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-24415]


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SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster Loan Area #2894]


North Carolina; Declaration of Disaster Loan Area

    As a result of the President's major disaster declaration on 
September 6, 1996, and amendments thereto on September 8 and 10, I find 
that Alamance, Beaufort, Bertie, Bladen, Brunswick, Carteret, Chatham, 
Columbus, Craven, Cumberland, Duplin, Durham, Edgecombe, Franklin, 
Granville, Greene, Guilford, Halifax, Harnett, Henderson, Hoke, 
Johnston, Jones, Lee, Lenoir, Moore, Nash, New Hanover, Onslow, Orange, 
Pamlico, Pender, Person, Polk, Richmond, Robeson, Rutherford, Sampson, 
Vance, Wake, Warren, Wayne, and Wilson Counties in the State of North 
Carolina constitute a disaster area due to damages caused by Hurricane 
Fran beginning on September 5, 1996 and continuing. Applications for 
loans for physical damages may be filed until the close of business on 
November 4, 1996, and for loans for economic injury until the close of 
business on June 6, 1997 at the address listed below: U.S. Small 
Business Administration, Disaster Area 2 Office, One Baltimore Place, 
Suite 300, Atlanta, GA 30308, 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: Anson, Buncombe, Burke, Caswell, 
Cleveland, Davidson, Forsyth, Haywood, Hertford, Hyde, Martin, 
McDowell, Montgomery, Northampton, Pitt, Randolph, Rockingham, 
Scotland, Stokes, Transylvania, and Washington Counties in North 
Carolina, and Cherokee, Chesterfield, Dillon, Greenville, Horry, 
Marlboro, and Spartanburg Counties in South Carolina.
    Interest rates are:

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                                                                 Percent
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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
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[[Page 50068]]

    The number assigned to this disaster for physical damage is 289408. 
For economic injury the numbers are 917100 for North Carolina and 
917200 for South Carolina.

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

    Dated: September 12, 1996.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 96-24415 Filed 9-23-96; 8:45 am]
BILLING CODE 8025-01-P