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Commonwealth of Virginia

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As a result of the President's major disaster declaration on September 18, 2003, I find that the Independent Cities of Alexandria, Chesapeake, Emporia, Franklin, Hampton, Hopewell, Newport News, Norfolk, Poquoson, Portsmouth, Suffolk, Virginia Beach and Williamsburg and the counties of Accomack, Charles City, Gloucester, Greensville, Isle of Wight, James City, Lancaster, Mathews, Middlesex, Northampton, Northumberland, Prince George, Richmond, Southampton, Surry, Sussex, Westmoreland and York in the Commonwealth of Virginia constitute a disaster area due to damages caused by Hurricane Isabel occurring on September 18, 2003 and continuing. Applications for loans for physical damage as a result of this disaster may be filed until the close of business on November 17, 2003 and for economic injury until the close of business on June 18, 2004 at the address listed below or other locally announced locations:

U.S. Small Business Administration, Disaster Area 1 Office, 360 Rainbow Blvd., South 3rd Fl., Niagara Falls, NY 14303-1192.

In addition, applications for economic injury loans from small businesses located in the following contiguous counties may be filed until the specified date at the above location: Arlington, Brunswick, Chesterfield, Dinwiddie, Start Printed Page 56037Essex, Fairfax, Henrico, King and Queen, King George, New Kent and the Independent Cities of Colonial Heights and Petersburg in the Commonwealth of Virginia; the District of Columbia; Prince George's, Somerset and Worcester counties in the State of Maryland; and Camden, Currituck, Gates, Hertford and Northampton counties in the State of North Carolina.

The interest rates are:

For Physical Damage:
Homeowners with credit available elsewhere5.125
Homeowners without credit available elsewhere2.562
Businesses with credit available elsewhere6.199
Businesses and non-profit organizations without credit available elsewhere3.100
Others (including non-profit organizations) with credit available elsewhere5.500
For Economic Injury:
Businesses and small agricultural cooperatives without credit available elsewhere3.100

The number assigned to this disaster for physical damage is 354608. For economic injury the number is 9X0100 for Virginia; 9X0200 for District of Columbia; 9X0300 for Maryland; and 9X0400 for North Carolina.

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

Dated: September 22, 2003.

Cheri L. Cannon,

Acting Associate Administrator for Disaster Assistance.

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[FR Doc. 03-24540 Filed 9-26-03; 8:45 am]