; (2) in subparagraph (B), by striking or at the end; (3) in subparagraph (C), by striking or at the end; (4) by redesignating subparagraph (D) as subparagraph (E); (5) by inserting after subparagraph (C) the following: (D) an emergency involving Federal primary responsibility determined to exist by the President under the section 501(b) of the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5191(b) ); or ; and (6) in subparagraph (E), as so redesignated— (A) by striking or (C) and inserting (C), or (D) ; (B) by striking disaster declaration each place it appears and inserting disaster or emergency declaration ; (C) by striking disaster has occurred and inserting disaster or emergency has occurred ; (D) by striking such disaster and inserting such disaster or emergency ; and (E) by striking disaster stricken and inserting disaster- or emergency-stricken ; and (7) in the flush matter following subparagraph (E) (as so redesignated), by striking the period at the end and inserting the following: : Provided further , that for purposes of subparagraph (D), the Administrator shall deem that such an emergency affects each State or subdivision thereof (including counties), and that each State or subdivision has sufficient economic damage to small business concerns to qualify for assistance under this paragraph and the Administrator shall accept applications for such assistance immediately. . (c) Credit elsewhere