NEWS RELEASE FSA ACCEPTING EMERGENCY LOAN APPLICATIONS Erath County was declared eligible for Farm Service Agency (FSA) disaster emergency loans on January 7, 2015. Generally that means that farmers who have lost at least 30 percent of their production or suffered any physical loss to the drought are eligible for FSA loans. Proceeds from crop insurance and/or hazard insurance are taken into consideration when determining a producer’s eligibility and total loss. FSA Acting Farm Loan Manager, Melody Medders, is urging farmers who are interested in receiving an emergency loan to submit their applications into FSA as soon as possible. Mrs. Medders said, “We hope farmers will get their applications in early rather than waiting until near the deadline which is September 8, 2015. The longer they wait, the more chance there is for long delays. If the applications come in early, we can avoid backlogs and speed up the process.” The FSA office is at 245 S. Virginia St. in Stephenville, Texas. The telephone number is 254-965-3169.
Posted on: Tue, 27 Jan 2015 12:05:00 +0000
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