Lawrence County Farmers Eligible for Emergency Loans – Lawrence County Press

0

The Secretary of the United States Department of Agriculture, Thomas J. Vilsack, has designated six counties in Mississippi as the main natural disaster area. Growers in Adams, Franklin, Jefferson Davis, Lawrence, Lincoln and Wilkinson counties who suffered losses caused by excessive rains and flash floods from April 10, 2021 to July 12, 2021, may be eligible for emergency loans from the USDA Farm Service Agency (FSA).
Farmers eligible for emergency loans can borrow up to 100% of their actual production loss or the amount needed to restore their farm to its pre-disaster state, whichever is less, or refinance certain debts. FSA will review loans based on the extent of losses, available collateral, and repayment capacity.
Producers in contiguous Mississippi counties of Amite, Copiah, Covington, Jefferson, Lamar, Marion, Pike, Simpson, and Walthall are also eligible to apply for emergency loans.
The deadline to apply for these emergency loans is May 13, 2022.
FSA has a variety of additional programs to help farmers recover from the impacts of this disaster. FSA programs that do not require a disaster declaration include: Emergency Aid Program for Livestock, Bees and Farmed Fish; Emergency conservation program; Cattle Forage Disaster Program; Livestock Compensation Program; Farm operating and property loans; and the Tree Assistance Program.
Farmers can contact their local USDA service center for more information on eligibility requirements and application procedures for these and other programs. Additional information is also available online at https://www.farmers.gov/recover.


Source link

Leave A Reply

Your email address will not be published.