As a result of the President's major disaster declaration for Public Assistance on July 29, 2004, the U.S. Small Business Administration is activating its disaster loan program only for private non-profit organizations that provide essential services of a governmental nature. I find that the Islands of Rota, Saipan, and Tinian located within the Commonwealth of Northern Mariana Islands constitute a disaster area due to damages caused by flooding, high surf, high winds, and wind driven rain associated with Typhoon Tingting occurring on June 27-29, 2004. Applications for loans for physical damage as a result of this disaster may be filed until the close of business on September 27, 2004 at the address listed below or other locally announced locations:
U.S. Small Business Administration, Disaster Area 4 Office, P.O. Box 419004, Sacramento, CA 95841-9004.
The interest rates are:
Percent | |
---|---|
For physical damage: | |
Non-profit organizations without credit available elsewhere | 2.750 |
Non-profit organizations with credit available elsewhere | 4.875 |
The number assigned to this disaster for physical damage is P04406.
(Catalog of Federal Domestic Assistance Program Nos. 59008)
Dated: August 4, 2004.
Herbert L. Mitchell,
Associate Administrator for Disaster Assistance.
[FR Doc. 04-18319 Filed 8-10-04; 8:45 am]
BILLING CODE 8025-01-P