09-26-13 Farm Service Agency Emegency Loans Available in Designated Disaster Areas in CO…
Posted by Brian Allmer on September 26, 2013
EMERGENCY LOANS – Presidential Major Disaster Determination M4145
On September 19, 2013, President Barack Obama declared seven Colorado counties eligible for disaster assistance due to losses caused by severe storms, flooding, landslides, and mudslides that occurred September 11, 2013 and continuing. Those counties are: Weld, Larimer, Boulder, Adams, Clear Creek, El Paso and Jefferson. Farm operators in the following counties in Colorado listed below also qualify for natural disaster benefits because their counties are contiguous. Those counties are: Arapahoe, Broomfield, Crowley, Denver, Douglas, Elbert, Fremont, Gilpin, Grand, Jackson, Jefferson, Lincoln, Logan, Morgan, Park, Pueblo, Summit, Teller, and Washington. Contiguous counties in neighboring states include Albany and Laramie County in Wyoming as well as Kimball County, Nebraska.
This designation makes all family-sized farm operators in primary and contiguous counties eligible to be considered for low interest emergency (EM) loans from Farm Service Agency (FSA) provided eligibility requirements are met, FSA will consider each loan application on its own merits, taking into account the extent of losses, security available, repayment ability and other eligibility requirements.
The objective of the Emergency Loan Program is to provide financial assistance to cover actual losses sustained by eligible farmers and ranchers so that they can return to normal farming and ranching operations after sustaining substantial losses as a result of a designated disaster.
Applications must be filed by close of business May 19, 2014.
Applications may be obtained by contacting: Weld County Farm Service Agency @ (970) 356-8097 ext. 2
Additional information is also available online at http://disaster.fsa.usda.gov
Submitted to BARN Media by:
Richard Nichols, Farm Loan Officer