[Federal Register Volume 63, Number 8 (Tuesday, January 13, 1998)]
[Notices]
[Pages 1986-1987]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-739]


-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3041]


Northern Mariana Islands

    As a result of the President's major disaster declaration on 
December 24, 1997, I find that the Island of Rota in the Commonwealth 
of the Northern Mariana Islands constitutes a disaster area as a result 
of damages caused by Typhoon Paka and associated torrential rains, high 
winds, high surf, and tidal surges beginning on December 16, 1997 and 
continuing. Applications for loans for physical damages as a result of 
this disaster may be filed until the close of business on February 26, 
1998 and for economic injury until the close of business on September 
24, 1998 at the address listed below or other locally announced 
locations: Small Business Administration, Disaster Area 4 Office, P.O. 
Box 13795, Sacramento, CA 95853-4795.
    The interest rates are:

------------------------------------------------------------------------
                                                               Percent  
------------------------------------------------------------------------
For Physical Damage:                                                    
  Homeowners With Credit Available Elsewhere...............        7.625
  Homeowners Without Credit Available Elsewhere............        3.812
  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:                                                    

[[Page 1987]]

                                                                        
  Businesses and Small Agricultural Cooperatives Without                
   Credit Available Elsewhere..............................        4.000
------------------------------------------------------------------------

    The number assigned to this disaster for physical damage is 304106 
and for economic injury the number is 969600.

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

    Dated: December 30, 1997.
Bernard Kulik,
Associate Administrator for Disaster Assistance.
[FR Doc. 98-739 Filed 1-12-98; 8:45 am]
BILLING CODE 8025-01-P