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Administrative Disaster Declaration of a Rural Area for the State of South Dakota

89 Fed. Reg. 75007 (Sep. 13, 2024)

Administrative Disaster Declaration of a Rural Area for the State of South Dakota

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Federal RegisterSep 13, 2024
89 Fed. Reg. 75007 (Sep. 13, 2024)
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    Small Business Administration
  • [Disaster Declaration #20554 and #20555; SOUTH DAKOTA Disaster Number SD-20002]

    • AGENCY:

    U.S. Small Business Administration.

    ACTION:

    Notice.

    SUMMARY:

    This is a notice of an Administrative disaster declaration of rural areas for the State of South Dakota dated August 26, 2024.

    DATES:

    Issued on August 26, 2024.

    Physical Loan Application Deadline Date: October 25, 2024.

    Economic Injury (EIDL) Loan Application Deadline Date: May 27, 2025.

    ADDRESSES:

    Visit the MySBA Loan Portal at https://lending.sba.gov to apply for a disaster assistance loan.

    FOR FURTHER INFORMATION CONTACT:

    Alan Escobar, Office of Disaster Recovery & Resilience, 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 Administrator's disaster declaration of a rural area, applications for disaster loans may be submitted online using the MySBA Loan Portal https://lending.sba.gov or other locally announced locations. Please contact the SBA disaster assistance customer service center by email at disastercustomerservice@sba.gov or by phone at 1-800-659-2955 for further assistance.

    The following areas have been determined to be adversely affected by the disaster:

    Incident: Severe Storms, Straight-line Winds, and Flooding.

    Incident Period: June 16, 2024 through July 8, 2024.

    Primary Counties: Bon Homme, Clay, Hutchinson, McCook, Yankton

    The Interest Rates are:

      Percent
    For Physical Damage:
    Homeowners with Credit Available Elsewhere 5.375
    Homeowners without Credit Available Elsewhere 2.688
    Businesses with Credit Available Elsewhere 8.000
    Businesses without Credit Available Elsewhere 4.000
    Non-Profit Organizations with Credit Available Elsewhere 3.250
    Non-Profit Organizations without Credit Available Elsewhere 3.250
    For Economic Injury:
    Business and Small Agricultural Cooperatives without Credit Available Elsewhere 4.000
    Non-Profit Organizations without Credit Available Elsewhere 3.250