STATE VOLLEYBALL:
Home | KNDY News | Disaster Assistance Loans Available from FSA

Disaster Assistance Loans Available from FSA

Farmers and ranchers who suffered property loss last June because of severe storms, flooding and tornadoes are now eligible to make application to the Farm Service Agency for an Emergency Disaster Loan.

Farmers and ranchers in Mitchell, Osborne, Barton, Lincoln, and Russell Counties who suffered losses during the time period between June 7th and June21st of this year are eligible.

Loans can be used to cover physical and/or production losses at an interest rate of 3.75%. The loans can be used to replace installations, equipment, livestock, or buildings – including homes that were lost because of the weather-related disaster.

FSA loans covering production losses may be used to buy feed, seed, fertilizer, livestock, or to make payments on real estate and chattel debts.

To be eligible for an emergency disaster loan, an applicant must be operating a family size farm or ranch, must be unable to get credit elsewhere, and must have suffered a qualifying physical and/or production loss from the disaster.

Farmers and ranchers who think that they may be eligible should contact the FSA County Office in Russell. That number is 483-5618 extension 29. The application deadline is April 11th of next year.

About Mike Schrant

Mike is one of those guys who has spent nearly a lifetime trying to figure out what he wants to do when he grows up. He has split time as a broadcaster and educator having first worked in radio in the early 1970’s while attending junior college. The two careers are directly connected because many of the 25 years as an educator were spent teaching broadcast journalism at the high school and college levels. Mike is married and has three adult children (no grandchildren yet) and enjoys sports, debating politics, gardening, landscaping-hauling rocks, and swapping stories with the "good old boys".