May 19, 2013

Loans available for freeze losses

Mesa and Montrose Counties have been designated as disaster areas due to freezing temperatures that occurred on April 7 and April 8, 2012. Delta, Garfield, Gunnison, Ouray, Pitkin and San Miguel Counties are included as contiguous counties and are eligible for Farm Service Agency emergency loans.

Low-interest emergency loans are available to operators of family-sized farms/ranches that are unable to obtain credit elsewhere. Loans are based on production losses caused by the disaster. Producers must file an application for an emergency loan through the Farm Service Agency by March 25.

Each application will be considered on its own merit, taking into account the extent of losses, security available, repayment ability, and other eligibility requirements.

For more information about emergency loans contact Laurie Neilson at (970) 242-9133, ext. 2.

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Category: Agriculture