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FSA Information Related to the American Recovery and Reinvestment Act
Direct Operating Loans (OL)

 
FSA had a backlog of more than 2,000 applications for Direct OLs. Funds have been obligated to satisfy those loans. (See chart below for state-by-state obligations) Half of the loans went to beginning and socially disadvantaged farmers and ranchers.

 
Producers unfamiliar with FSA Farm Loan Programs (FLP) are encouraged to visit the FLP Web pages at www.fsa.usda.gov/dafl. In addition to Direct OLs, FLP helps producers with Direct Farm Ownership (FO) loans and Guaranteed OL and FO loans.

 
The average Direct OL is about $53,000. However, they can reach a legal maximum of $300,000. That amount was increased from $200,000 in the 2008 Farm Bill.

 
A Direct OL can be used to buy farm equipment, livestock, feed for livestock, seed, fertilizer, fuel, insurance coverage, and repairs to fences and buildings. Other operating expenses also qualify.

 

 

 
For additional detail about all ARRA funds available through USDA, visit http://www.usda.gov/recovery.

 
State-by-State Distribution of ARRA Direct Operating Loans

 

 
DOL Stimulus Obligations as of 05/01/2009
State
Total Amount Obligated
Total Number
Alabama
1,204,090
22
Alaska
0
0
Arizona
778,600
5
Arkansas
3,593,680
30
California
5,684,060
69
Colorado
682,500
13
Connecticut
48,000
1
Delaware
0
0
Florida
864,100
12
Georgia
8,039,990
75
Hawaii
292,000
6
Idaho
1,437,560
43
Illinois
3,563,790
54
Indiana
532,500
3
Iowa
13,883,510
239
Kansas
5,469,350
82
Kentucky
3,747,410
102
Louisiana
3,832,430
47
Maine
35,000
2
Maryland
127,000
5
Massachusetts
25,000
1
Michigan
8,272,110
89
Minnesota
7,599,290
91
Mississippi
817,640
32
Missouri
3,997,130
75
Montana
2,296,690
28
Nebraska
15,256,840
266
Nevada
75,820
2
New Hampshire
175,000
3
New Jersey
348,670
6
New Mexico
563,500
5
New York
2,360,800
30
North Carolina
5,338,470
75
North Dakota
1,387,800
18
Ohio
1,123,480
41
Oklahoma
5,209,430
111
Oregon
4,476,890
59
Pennsylvania
4,722,720
80
Puerto Rico
406,800
11
Rhode Island
0
0
South Carolina
5,008,202
56
South Dakota
9,853,020
176
Tennessee
4,909,530
66
Texas
12,381,180
163
Utah
4,141,720
67
Vermont
241,000
5
Virgin Islands
0
0
Virginia
2,830,130
34
Washington
5,241,400
58
West Pacific
21,000
1
West Virginia
827,350
33
Wisconsin
7,992,380
131
Wyoming
1,414,550
13
Totals:
173,131,112
2,636

 


Last Modified: 06/22/10 3:12:40 PM


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