85 FR 172 pg. 55058 - Presidential Declaration of a Major Disaster for the State of Louisiana

Type: NOTICEVolume: 85Number: 172Page: 55058
Docket number: [Disaster Declaration #16633 and #16634; Louisiana Disaster Number LA–00103]
FR document: [FR Doc. 2020–19499 Filed 9–2–20; 8:45 am]
Agency: Small Business Administration
Official PDF Version:  PDF Version
Page: 55058

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SMALL BUSINESS ADMINISTRATION

[Disaster Declaration #16633 and #16634; Louisiana Disaster Number LA-00103]

Presidential Declaration of a Major Disaster for the State of Louisiana

AGENCY:

U.S. Small Business Administration.

ACTION:

Notice.

SUMMARY:

This is a Notice of the Presidential declaration of a major disaster for the State of Louisiana (FEMA-4559-DR), dated 08/28/2020.

Incident: Hurricane Laura.

Incident Period: 08/22/2020 through 08/27/2020.

DATES:

Issued on 08/28/2020.

Physical Loan Application Deadline Date: 10/27/2020.

Economic Injury (EIDL) Loan Application Deadline Date: 05/28/2021.

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, (202) 205-6734.

SUPPLEMENTARY INFORMATION:

Notice is hereby given that as a result of the President's major disaster declaration on 08/28/2020, 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): Allen, Beauregard, Calcasieu, Cameron, Jefferson Davis

Contiguous Counties (Economic Injury Loans Only):

Louisiana: Acadia, Evangeline, Rapides, Vermilion, Vernon

Texas: Jefferson, Newton, Orange

The Interest Rates are:

Percent
For Physical Damage:
Homeowners With Credit Available Elsewhere 2.375
Homeowners Without Credit Available Elsewhere 1.188
Businesses With Credit Available Elsewhere 6.000
Businesses Without Credit Available Elsewhere 3.000
Non-Profit Organizations With Credit Available Elsewhere 2.750
Non-Profit Organizations Without Credit Available Elsewhere 2.750
For Economic Injury:
Businesses & Small Agricultural Cooperatives Without Credit Available Elsewhere 3.000
Non-Profit Organizations Without Credit Available Elsewhere 2.750

The number assigned to this disaster for physical damage is 166338 and for economic injury is 166340.

(Catalog of Federal Domestic Assistance Number 59008)

Cynthia Pitts,

Acting Associate Administrator for Disaster Assistance.

[FR Doc. 2020-19499 Filed 9-2-20; 8:45 am]

BILLING CODE 8026-03-P