AGENCY:
U.S. Small Business Administration.
ACTION:
Notice.
SUMMARY:
This is a Notice of the Presidential declaration of a major disaster for the Commonwealth of Virginia (FEMA-4291-DR), dated 11/02/2016.
Incident: Hurricane Matthew.
Incident Period: 10/07/2016 and continuing.
Effective Date: 11/02/2016.
Physical Loan Application Deadline Date: 01/03/2017.
Economic Injury (EIDL) Loan Application Deadline Date: 08/02/2017.
ADDRESSES:
Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
FOR FURTHER INFORMATION CONTACT:
A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW., Suite 6050, Washington, DC 20416.
SUPPLEMENTARY INFORMATION:
Notice is hereby given that as a result of the President's major disaster declaration on 11/02/2016, applications for disaster loans may be filed at the address listed above or other locally announced locations.
The following areas have been determined to be adversely affected by the disaster:
Primary Counties (Physical Damage and Economic Injury Loans):
Chesapeake City, Newport News City, Norfolk City, Virginia Beach City
Contiguous Counties (Economic Injury Loans Only):
Virginia: Hampton City, James City, Portsmouth City, Suffolk City, York
North Carolina: Camden, Currituck
The Interest Rates are:
| Percent | |
|---|---|
| For Physical Damage: | |
| Homeowners with Credit Available Elsewhere | 3.125 |
| Homeowners without Credit Available Elsewhere | 1.563 |
| Businesses with Credit Available Elsewhere | 6.250 |
| Businesses without Credit Available Elsewhere | 4.000 |
| Non-Profit Organizations with Credit Available Elsewhere | 2.625 |
| Non-Profit Organizations without Credit Available Elsewhere | 2.625 |
| For Economic Injury: | |
| Businesses & Small Agricultural Cooperatives without Credit Available Elsewhere | 4.000 |
| Non-Profit Organizations without Credit Available Elsewhere | 2.625 |
The number assigned to this disaster for physical damage is 149588 and for economic injury is 149590.
(Catalog of Federal Domestic Assistance Number 59008)
James E. Rivera,
Associate Administrator for Disaster Assistance.
[FR Doc. 2016-27239 Filed 11-10-16; 8:45 am]
BILLING CODE 8025-01-P