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State of Tennessee

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As a result of the President's major disaster declaration on August 16, 2001, I find that Carter, Cocke, Greene, Johnson, Unicoi and Washington Counties in the State of Tennessee constitute a disaster area due to damages caused by severe storms and flooding that occurred on July 27, 2001 and continued through August 22, 2001. Applications for loans for physical damage as a result of this disaster may be filed until the close of business on October 15, 2001 and for economic injury until the close of business on May 16, 2002 at the address listed below or other locally announced locations: U.S. Small Business Administration, Disaster Area 2 Office, One Baltimore Place, Suite 300, Atlanta, GA 30308.

In addition, applications for economic injury loans from small businesses located in the following contiguous counties in Tennessee may be filed until the specified date at the above location: Hamblen, Hawkins, Jefferson, Sevier and Sullivan; Ashe, Avery, Haywood, Madison, Mitchell, Swain, Watauga and Yancey counties in the State of North Carolina; Grayson and Washington counties in the Commonwealth of Virginia.

The interest rates are:

For Physical Damage:
Homeowners With Credit Available Elsewhere6.625
Homeowners Without Credit Available Elsewhere3.312
Businesses With Credit Available Elsewhere8.000
Businesses and Non-Profit Organizations Without Credit Available Elsewhere4.000
Others (Including Non-Profit Organizations) With Credit Available Elsewhere7.125
For Economic Injury:
Businesses and Small Agricultural Cooperatives Without Credit Available Elsewhere4.000

The number assigned to this disaster for physical damage is 336211. For economic injury the number is 9M4300 Start Printed Page 46048for Tennessee; 9M4400 for North Carolina; and 9M4500 for Virginia.

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

Dated: August 27, 2001.

Herbert L. Mitchell,

Associate Administrator for Disaster Assistance.

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[FR Doc. 01-22054 Filed 8-30-01; 8:45 am]