Two Counties Qualify for Emergency Loans - UNL CropWatch, May 20, 2011

Two Counties Qualify for Emergency Loans - UNL CropWatch, May 20, 2011

May 20, 2011

Family farmers in Burt and Thurston counties are eligible to apply for low interest emergency loans due to physical and production losses from severe storms, tornadoes, and straight-line winds April 9-10.

These counties became eligible because they are contiguous to one or more of the six Iowa counties that were declared a Presidential Major Disaster on May 5, 2011, said Farm Service Agency (FSA) State Executive Director Dan Steinkruger.

Emergency loan applications are available and must be submitted through the local FSA county office from any applicant who qualifies for a physical or production loss (at least a 30% reduction from normal) in a single enterprise. Applicants must be an established family farm operator; provide evidence of having suffered a qualifying physical or production loss; be unable to obtain suitable credit from a source other than FSA.

The deadline for submitting applications is January 5, 2012.

FSA News Release