USDA offers low-interest loans for
agricultural producers impacted by natural disasters
March 25, 2020
Arkansas agricultural producers who lost property due to recent natural disasters may be eligible for U.S. Department of Agriculture (USDA) physical loss loans. The Farm Service agency (FSA) offers these low-interest loans to agricultural producers in Benton, Carroll, Independence and Washington counties who incurred losses due to flooding, high winds and a tornado that occurred September 25 through October 20, 2019. Approval is limited to applicants who suffered severe physical losses only, including the loss of buildings and livestock. Applications are due September 21, 2020.
"Arkansas's hardworking ag producers feed our neighbors, the nation and the world," said State Executive Director David Curtis. "When they suffer losses because of extreme weather, helping them get back on their feet is important. We encourage those affected to reach out to their local USDA Service Center to apply for those emergency loans.
Producers in the contiguous Arkansas counties of Boone, Cleburne, Crawford, Izard, Jackson, Lawrence, Madison, Newton, Sharp, Stone and White, along with Barry, McDonald, Stone, and Taney counties in Missouri; and Adair and Delaware counties in Oklahoma, are also eligible to apply for emergency loans.
Physical loss loans can help producers repair or replace damaged or destroyed property essential to the success of the agricultural operation, including livestock losses. Examples of property commonly affected include essential farm buildings, fixtures to real estate, equipment, livestock, perennial crops, fruit and nut bearing trees, and harvested or stored crops and hay.
For more information on FSA disaster assistance programs or to find your local USDA Service Center, visit farmers.gov/recover.
"Arkansas's hardworking ag producers feed our neighbors, the nation and the world," said State Executive Director David Curtis. "When they suffer losses because of extreme weather, helping them get back on their feet is important. We encourage those affected to reach out to their local USDA Service Center to apply for those emergency loans.
Producers in the contiguous Arkansas counties of Boone, Cleburne, Crawford, Izard, Jackson, Lawrence, Madison, Newton, Sharp, Stone and White, along with Barry, McDonald, Stone, and Taney counties in Missouri; and Adair and Delaware counties in Oklahoma, are also eligible to apply for emergency loans.
Physical loss loans can help producers repair or replace damaged or destroyed property essential to the success of the agricultural operation, including livestock losses. Examples of property commonly affected include essential farm buildings, fixtures to real estate, equipment, livestock, perennial crops, fruit and nut bearing trees, and harvested or stored crops and hay.
For more information on FSA disaster assistance programs or to find your local USDA Service Center, visit farmers.gov/recover.
