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COPAKE LAKE DEVELOPMENT CORP. v. U. S. GOVT.

No. 75 C 1694.

490 F.Supp. 386 (1980)

COPAKE LAKE DEVELOPMENT CORPORATION, Plaintiff, v. UNITED STATES GOVERNMENT, Small Business Administration and the United States of America, Defendants.

United States District Court, E. D. New York.

May 29, 1980.

Attorney(s) appearing for the Case

Jacob Rabinowitz, New York City, by Samuel L. Newman, Brooklyn, N. Y., for plaintiff.

Edward R. Korman, U. S. Atty., Eastern District of New York, Brooklyn, N. Y., by Jan F. Constantine, Asst. U. S. Atty., Brooklyn, N. Y., for defendants.

MEMORANDUM AND ORDER

NEAHER, District Judge.

On August 16, 1973, plaintiff applied to the New York District Office of the Small Business Administration ("SBA") for a disaster loan after severe storms had caused extensive flash floods in the area of Craryville, New York, the location of plaintiff's real property. Plaintiff applied for a loan in the amount of $784,000.00 pursuant to 15 U.S.C. Sec. 636 et seq. After an appraisal of the flood damage,...

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