Interest Rates, 39560 [2012-16238]

Download as PDF 39560 Federal Register / Vol. 77, No. 128 / Tuesday, July 3, 2012 / Notices Effective Date: 06/22/2012. Physical Loan Application Deadline Date: 08/21/2012. Economic Injury (EIDL) Loan Application Deadline Date: 03/22/2013. (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. [FR Doc. 2012–16237 Filed 7–2–12; 8:45 am] A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW., Suite 6050, Washington, DC 20416. Interest Rates Joseph P. Loddo, Acting Associate Administrator for Disaster Assistance. ADDRESSES: BILLING CODE 8025–01–P SMALL BUSINESS ADMINISTRATION FOR FURTHER INFORMATION CONTACT: Notice is hereby given that as a result of the President’s major disaster declaration on 06/22/2012, Private Non-Profit organizations that provide essential services of governmental nature may file disaster loan applications at the address listed above or other locally announced locations. The following areas have been determined to be adversely affected by the disaster: SUPPLEMENTARY INFORMATION: Primary Counties: Addison, Lamoille, Orleans. The Interest Rates are: Percent For Physical Damage: Non-Profit Organizations With Credit Available Elsewhere ..... Non-Profit Organizations Without Credit Available Elsewhere ..... For Economic Injury: Non-Profit Organizations Without Credit Available Elsewhere ..... 3.125 3.000 3.000 The Small Business Administration publishes an interest rate called the optional ‘‘peg’’ rate (13 CFR 120.214) on a quarterly basis. This rate is a weighted average cost of money to the government for maturities similar to the average SBA direct loan. This rate may be used as a base rate for guaranteed fluctuating interest rate SBA loans. This rate will be 2.500 (21⁄2) percent for the July–September quarter of FY 2012. Pursuant to 13 CFR 120.921(b), the maximum legal interest rate for any third party lender’s commercial loan which funds any portion of the cost of a 504 project (see 13 CFR 120.801) shall be 6% over the New York Prime rate or, if that exceeds the maximum interest rate permitted by the constitution or laws of a given State, the maximum interest rate will be the rate permitted by the constitution or laws of the given State. Eugene D. Stewman, Acting Director, Office of Financial Assistance. [FR Doc. 2012–16238 Filed 7–2–12; 8:45 am] BILLING CODE P The number assigned to this disaster for physical damage is 13097B and for economic injury is 13098B. DEPARTMENT OF STATE [Public Notice 7945] International Joint Commission International Joint Commission Invites Public Comment on Upper Great Lakes Report The International Joint Commission (IJC) announced today that it is inviting public comment on the final report of its International Upper Great Lakes Study Board, Lake Superior Regulation: Addressing Uncertainty in Upper Great Lakes Water Levels. Comments will be accepted at public hearings and by mail, email and on-line until August 31, 2012. The Study examines whether the regulation of outflows from Lake Superior through the compensating works and power dams on the St. Marys River at Sault Ste. Marie might be improved to take into consideration the evolving needs of users on Lakes Superior, Huron, Michigan and Erie. The Commission is considering proposed changes to its Orders of Approval for the outflows of Lake Superior at the St. Marys River that have been recommended by the Study. The Study report also examines the potential future impacts of climate change, a management strategy to better anticipate and respond to future extreme water levels, the feasibility and implications of restoring water levels in lakes Michigan-Huron and multi-lake regulation and its impacts throughout the Great Lakes St-Lawrence system. The report and related supporting documents and peer review are available at the Upper Great Lakes Public Hearings Web site. Commissioners invite the public to present comments at hearings that will be held the following dates and locations: Tuesday, July 10 Sarnia, ON, 7:00 pm EDT, Lambton College, Room A223, 1457 London Rd. Grosse Pointe Farms, MI, 7:00 pm EDT, The Grosse Pointe War Memorial, Reception Room, 32 Lakeshore Drive. Port Clinton, OH, 7:00 pm EDT, Holland, MI, 7:00 pm EDT, Sutton Center, 1848 E. Perry St. Doubletree Hotel, 650 East 24th Street. Thunder Bay, ON, 7:00 pm EDT, Lakehead University, ATAC Room 1001, 955 Oliver Road. Duluth, MN, 6:00 pm CDT, Labovitz School of Business, 1318 Kirby Drive. Fish Creek, WI, 6:00 pm CDT, Door Community Auditorium, 3926 Wisconsin Hwy 42. Milwaukee, WI, 6:00 pm CDT, University of Wisconsin-Milwaukee’s Great Lakes Water Institute, 600 E. Greenfield Ave. Saturday, July 14 srobinson on DSK4SPTVN1PROD with NOTICES Monday, July 9 Wednesday, July 11 Thursday, July 12 Sunday, July 15 Monday, July 16 Tuesday, July 17 Sault Ste. Marie, ON, 1:00 pm EDT, Algoma University, Great West Life Theatre, 1520 Queen Street East. Little Current, ON, 1:00 pm EDT, Northeast Manitoulin and the Islands Recreation Center, 9001 Hwy-6 S. Parry Sound, ON, 2:00 pm EDT, Bobby Orr Community Centre, 7–17 Marry Street. Collingwood, ON, 1:00 pm EDT, Cranberry Resort, 19 Keith Ave, RR#4. Midland, ON, 7:00 pm EDT, North Simcoe Sports and Recreation Centre, 527 Len Self Boulevard. VerDate Mar<15>2010 16:27 Jul 02, 2012 Jkt 226001 PO 00000 Frm 00098 Fmt 4703 Sfmt 4703 E:\FR\FM\03JYN1.SGM 03JYN1

Agencies

[Federal Register Volume 77, Number 128 (Tuesday, July 3, 2012)]
[Notices]
[Page 39560]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-16238]


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SMALL BUSINESS ADMINISTRATION


Interest Rates

    The Small Business Administration publishes an interest rate called 
the optional ``peg'' rate (13 CFR 120.214) on a quarterly basis. This 
rate is a weighted average cost of money to the government for 
maturities similar to the average SBA direct loan. This rate may be 
used as a base rate for guaranteed fluctuating interest rate SBA loans. 
This rate will be 2.500 (2\1/2\) percent for the July-September quarter 
of FY 2012.
    Pursuant to 13 CFR 120.921(b), the maximum legal interest rate for 
any third party lender's commercial loan which funds any portion of the 
cost of a 504 project (see 13 CFR 120.801) shall be 6% over the New 
York Prime rate or, if that exceeds the maximum interest rate permitted 
by the constitution or laws of a given State, the maximum interest rate 
will be the rate permitted by the constitution or laws of the given 
State.

Eugene D. Stewman,
Acting Director, Office of Financial Assistance.
[FR Doc. 2012-16238 Filed 7-2-12; 8:45 am]
BILLING CODE P
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