Illinois News Index

McHenry Plaindealer (McHenry, IL), 21 Feb 1979, p. 14

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S.B.A. Sets April Deadline On Disaster Loan Petitions Twice Told Tales An April 2 deadline has been set for the atceptance of physical disaster loan ap­ plications by the Small Business Administration from victims of Blizzard "79", an SBA official announced today. "At the present time, this deadline must be considered firm," said John L. Smith, Illinois district director of SBA. "I would encourage all affected persons to act by that time." Forty-one Illinois counties Feb. 1 were declared a physical disaster area by A. Vernon Weaver, SBA administrator. Weaver's action, which also covers areas adjacent to the forty-one counties, , enables home owners and tenants, business people and farmers, churches, private schools, and other non-profit organizations in the affected areas to qualify for low-cost, long-term SBA loans to restore or replace damaged property not covered by insurance. Smith said a Nov. 1 deadline has been set in connection with the Economic Injury provisions of this declaration. These provisions are applicable only to small businesses and farms, and "only those which have been placed in a position of some jeopardy as a result of losses caused by the disaster," he explained. / \ Smith said a separate Economic Injury declaration, issued by SBA Jan. 19 for the entire state, still is in effect. Its deadline is Oct. 19. According to Smith, 15 SBA . emergency offices will remain open. Offices most convenient to this area are: Rockford Area Chamber of Commerce, 815 East State street, Rockford, and Waukegan-Lake County Chamber of Commerce, Lakehurst Shopping center, Waukegan. According to Smith, hours at the offices will be 9 a .m. to 7:30 p.m. Monday through Friday, 9 a.m. to 5 p.m. Saturdays, and 10 a.m. to 4 p.m. Sundays. The Director said the offices will remain open indefinitely. Smith said information about all SBA disaster programming may be obtained throughout Illinois by calling the toll free telephone, 800-972-3177. Through this number, he added, arrangements may be made for speakers from SBA to explain disaster programming to community groups. Smith explained that the physical declaration covers non-insured damages incurred by residences and all businesses. In connection with residential losses, Smith §aid, affected persons may qualify for loans up to $50,000 for real property, of up to $10,000 for personal property, and of up to $55,000 for a combination of real and personal property. Legislation sets an interest rate of 7% percent in con­ nection with SBA disaster loans, Smith said. He added that disaster loans may be made for periods of up to 30 years. According to Smith, the borrower must present a bona fide estimate of loss following which a verification of loss will be made by SBA before final action is taken on the ap­ plication. Smith said the legislation also permits SBA to refinance existing home mortgages, where substantial damage has been sustained. fhe law authorizes SBA to suspend principal payments for up to 3 years in hardship cases. Smith added. WHAT S NEW m Thermo-Gard Panels You can install any stove as close as 12" from a com bustible wall by protecting the wall with Thermo-Gard panels, eliminating the need for asbestos or masonry. FIFTY YEARS AGO Taken from the files of February 21, 1929) The breath of spring which favored this vicinity on Sunday vanished in the night and Monday ushered in another sub-zero wave with snow and a strong wind, which again blocked the roads and made travel in some directions almost impossible. The roads have been badly drifted during the past week and if present conditions continue it looks as if the old time bob sleigh will be the popular method of travel once again. At a meeting of the Green Street Business Men's association, Walter Carey was elected president of the association. J.F. Keane, brakeman for the Chicago & Northwestern railroad, was caught between two freight cars near the depot in this city. While the freight train was switching the brakeman became squeezed between two of the cars, receiving severe internal in­ juries. FORTY YEARS AGO (Taken from the files of March 2, 1939) Twenty-five of the thirty-four members of the McHenry county Republican Central committeemen answered the roll call for the purpose of electing delegates to the Republican convention at jbhnry» with a great performer: Globe Cirder Suit in Today's Dacron® Polyester Timing is essential to a good perfor­ mance and this handsome Globe Circler suit's got it. The texturized 100% Today's Dacron® polyester fabric by Klopman® is perfectly timed for fickle spring weather. Warm for cool days, cool for warm ones. The sand color's super with a summer tan. And this suit keeps its crisp lines unrumpled. Tan in 38-46 regular and 38-4£ long. $165 MEN'S CLOTHING, ELGIN AND CRYSTAL LAKE / First for Fashion Elgin. Crystal Lake Stripes and Double Stripes in Polyester and Wool Blend This unique pattern alternates single and double stripes in medium grey. Ajalend of polyester and finespun wool fashiop^d by designer Nino Cer- ruti enhances the stfm, natural feel of the fabric with Italian shoulder styling and narrower lapels. A matching vest completes the trim ef-# feet. Tailored in the United States. 38-46 regular and 37-42 long. MEN S CLOTHING, ELGIN AND CRYSTAL LAKE ERRUT1 BUY WITH CASH OR YOUR SPIESS CREDIT CARD Master Charge Bank AmencarcJ Rockford, at which time three Republicans will be selected as candidates for eelction as Circuit judges of this district. The sentiment of the committee members was overwhelmingly in favor of William M. Carroll of Woodstock as the candidate from this county. Melvin Walsh sustained an injured hand in an accident which occurred in Overton's garage, where he is employed. He was engaged in lowering a dump truck which had been jacked up, ordinarily a simple task. However, at this time the machine came down too rapidly, catching his hand^ beneath it. TWENTY-FIVE YEARS AGO (Taken from the files of February 25, 1954) The Bell Telephone payroll in McHenry rose to $103,000 in 1953, Manager G.L. Wilburn * revealed as he added up 1953 figures at the telephone company. Recent wage in­ creases will boost it in 1954. McHenry gained 220 telephones, 4,500 miles of wire in cable and three new swit­ chboard positions during the year. Under the direction of Miss RoVena Marshall, chief operator, Illinois Bell's operators made every effort to provide the best possible service throughout the year to McHenry residents. A large number of Scouts and their fathers were present at the annual father-son banquet held in the high school cafeteria. The event was colorful indeed, with the Scouts in their neatly pressed uniforms. TEN YEARS AGO (Taken from the files of February 19, 1969) State approval of preliminary drawings for an all-new Villa Nursing home at Pistakee Bay has been received, and architects are completing final drawings. Three years of planning to construct the new home for chronically ill and those who require extended care reach a milestone with the en­ dorsement of proposals by the state architects in the Illinois Department of Public Health. With a 1969 fund goal of $2,000, a record high for the McHenry community, members of thjp planning committee for the annual Boy Scout fund drive are busy preparing for a campaign which gets under way this week. The Plaindealer received notification that Army Capt. Robert H. Stromstedt has been presented the Army Com­ mendation Medal while serving with the 306th Transportation company. Ft. Riley, Kas. PAGR 15-PLAINDEALER-WEDNESDAY. FEBRUARY 21, 1979J J VA Best Selling Book Available To Public The Veterans ad­ ministration's best selling book is off the press and available from the U.S. Government Printing office in Washington to veterans and others interested in benefits for veterans. This year's 71-page booklet ontains all of the latest in- ormation on all benefits in­ cluding pensions, education, compensation, home loans and national cemeteries. There are full listings of all VA facilities throughout the nation complete with addresses and phone numbers. Many new laws were enacted last year by the Congress, and these changes have been in­ corporated in the new book. Every benefit administered by the VA is included in the new publication, complete with rates and amounts of each benefit. The book is available from the Superintendents of Documents, U.S. Government Printing Office. Washington, D C . 2 0 4 0 2 a n d i s c a l l e d "Federal Benefits for Veterans and Dependents." Further information on price of book is available there. Life is an instinct for growth, for survival, for the accumulation of forces, for power. -F. W. Nietzsche. Giveaway If you can remember the time when a man's importance was judged by the size of his key ring you're older than you'll want to admit. -Eagle, Dothan, Ala. THE Furniture Hospital CRYSTAL LAKE UPHOLSTERY SHOP R REPAIRING * REGLUING Lorry A Jim Seymour 815/459-0653 ATTENTION Cooney Heights Residents To Serve You Better See Page 3 McHENRY STATE BANK M E M E N T O . . . H i g h l y prized by visitors to Central America's El Salvador are tiny ceramic pieces called "tnunecas." Made in the village of Ilobasco, they depict everyday scenes such as this tiny senorita cooking "papusas" -- corn flour pan­ cakes. 7dC) J ELGIN FREE PARKING CRYSTAL LAKE FREE PARKING JANE PAGE PERSONAL SHOPPER TICKET mums FIRST 2 noun OPPER DECK ELCIN nw tmm. OIRECT EMTIT INTO SPIESS TNRO ENCLOSES RAHP CONVENIENT FREE PARSINC FOR 2)00 CARS IT CRYSTAL POINT MALL. FOR ELCIN STORE, CAU NER AT 7414100. FOR McNENRY COUNTY STORE, CALL NER AT CRYSTAL LAIE, 455 *00 COTTON-EASE by Arrow TM First for Fashion. Elgin-Crystal Lake F -Arrow- ^ from Cluett Introducing... The new no-iron ^ cotton shirt for ( 700% comfort 100°Jo easy care Enjoy the unexcelled comfort of the first 100% cotton shirt with easy - care "Sanfor-Set"® convenience. In Cotton-Ease, a shirt you don't have to iron. Soft, smooth fabric cut to a tapered fit for a lean, lithe ap­ pearance. New shorter Cambridge collar. Sizer \4Vi-\lVi neck, 32-35 sleeve. Solid colors, 17.00. Fancy stripes, 19.00 MEN'S FURNISHINGS, ELGIN AND CRYSTAL LAKE BUY WITH CASH OR YOUR SPIESS CREDIT CARD ELGIN ^REE PARKING C«*STAl LAKE (REE PARKING JANt PAGE PERSONA! SMCPPfR fgpaci Master Oa'ge Bank Amencafd TICIET VALIOATES HIST I MM* IMI IECI ELCIN PUM PAHINC IIIECT ENW I«TO SPIESS TMM INCLOSED IA«P CONVENIENT EIEE PAHINC FOB ?M CAIS IT CITSTAl POINT MALI fOt ELSIN STMf CAU Nil AT MUM EM IkNEMT COONTT STOOf CALL 1(1 IT CITSTIl LAIE Ml

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