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Low interest loans available to area producers

Farm operators who have suffered major physical losses caused by blizzard, excessive snow, excessive rain, freeze, flooding, flash flooding and high winds that occurred on Dec. 22 and continuing, may be eligible for emergency loans. (File / The Spokesman-Review)
Farm operators who have suffered major physical losses caused by blizzard, excessive snow, excessive rain, freeze, flooding, flash flooding and high winds that occurred on Dec. 22 and continuing, may be eligible for emergency loans. (File / The Spokesman-Review)

The U.S. Department of Agriculture Farm Service Agency announced Tuesday that physical loss loans are available in numerous counties throughout the Northwest, including Latah and Whitman counties.

Farm operators who have suffered major physical losses caused by blizzard, excessive snow, excessive rain, freeze, flooding, flash flooding and high winds that occurred on Dec. 22 and continuing, may be eligible for emergency loans.

Physical loss loans may be made to eligible farmers and ranchers to repair or replace damaged or destroyed physical property essential to the success of the agriculture 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.

Producers in eligible counties have eight months from the date of the declaration to apply for loans for physical losses.

Contact the FSA for more information on loan eligibility and the application process. FSA office information is available at http://offices.usda.gov. Additional FSA disaster assistance program information is available at http://disaster.fsa.usda.gov.


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