Small Town News

Deadline for FSA emergency disaster loan applications

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The expiration dates for filing applications for Emergency Disaster (EM) loans by farmers and ranchers in Chase, Greenwood, Lyon, Marion, Morris, Wabaunsee and Woodson Counties are February 25, 2010, for those needing farm credit as a result of severe storm's, flooding, winds and tornadoes from April 14-May 16, 2009; and February 24, 2010, for those needing farm credit as a result of severe winter storm with snow from March 26-29, 2009, and who think they are eligible for FSA assistance. They should make their applications at the FSA County Office, 3020 W. 18th Avenue, Emporia, KS 66801, before the expiration date.

According to Jane Armitage, Farm Loan Manager, for the FSA, "Loans covering physical and/or production losses may be made at 3.75 percent interest rate, and are scheduled for repayment as rapidly as feasible, consistent with the applicant's reasonable ability to pay.

FSA's Farm Loan Programs staff is committed to new and existing customers, FSA customer goals and our rural communities. FSA's service extends beyond the typical loan, offering FSA customers ongoing consultation, advice and creative ways to make your farm business thrive. At the FSA, they want to be your lender of first opportunity to overcome these adverse weather conditions and rebuild your operation to get back on track. FSA's loan staff can refer customers to other public and commercial financing sources that can serve as a blend with FSA's farm loan programs.

FSA loans covering physical losses may be used to replace installations, equipment, livestock, or buildings (including homes), lost through this 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; they can also be used for other essential operating and living expenses.

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 physicu and/or production loss from the disaster.

Farmers who suffered at least a 30 percent reduction to at least one cropping enterprise, may have a qualifying production loss. Emergency disaster production loss loans cover 100 percent of qualifying losses.

Farmers and ranchers that think they may be eligible should contact the FSA County Office in Emporia, or call 620-343-6944 for additional information and how to apply. USDA is an equal opportunity employer and provider.



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© 2010 The Prairie Post White City, Kansas. All Rights Reserved. This content, including derivations, may not be stored or distributed in any manner, disseminated, published, broadcast, rewritten or reproduced without express, written consent from DAS.

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