As a result of the natural disaster, four
Along with those four counties, six others were named as contiguous counties, including
A fact sheet shared from the FSA says loans can be used to restore or replace essential property, pay all or part of production costs associated with the disaster year, pay essential family living expenses, reorganize the farming operation and refinance certain debts.
Farmers or ranchers are eligible for loans if they own or operate land located in one of the declared counties; are established family farm operators and have sufficient farming or ranching experience; are
Other requirements include keeping acceptable farm records and operating in accordance with a farm plan agreed to with local FSA staff. Borrowers may be required to participate in a financial management training program and obtain crop insurance.
The loans could reach a maximum of 100 percent of actual production or physical losses up to
In the release,
He said any farmer who suffered a physical and production loss should contact his office for additional information.
(c)2018 Times-News, Hendersonville, N.C.
Visit Times-News, Hendersonville, N.C. at www.blueridgenow.com
Distributed by Tribune Content Agency, LLC.