COLUMBIA, Mo., April 10, 2017 U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) Acting Administrator Chris Beyerhelm today announced that physical loss loans are available for five counties in Missouri. Farm operators who have suffered major physical losses caused by high winds and tornadoes that occurred from Feb. 28 through March 1, 2017, may be eligible for emergency loans.

Low Interest Emergency Physical Loss Loans Available for Five Missouri Counties with Assistance to Producers in Surrounding States

COLUMBIA, Mo., April 10, 2017 – U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) Acting Administrator Chris Beyerhelm today announced that physical loss loans are available for five counties in Missouri. Farm operators who have suffered major physical losses caused by high winds and tornadoes that occurred from Feb. 28 through March 1, 2017, may be eligible for emergency loans. 

This Administrator’s Physical Loss Notification has been issued for Dunklin, Mississippi, Pemiscot, Perry and Stoddard counties as the primary damaged area. Additionally, nine Missouri counties are contiguous to this designated disaster area, making these producers also potentially eligible for programs based on this designation. The contiguous counties are: Bollinger, Butler, Cape Girardeau, Madison, New Madrid, St. Francois, Ste. Genevieve, Scott and Wayne. 

Additionally, the following contiguous counties in surrounding states are also eligible for emergency loans: 

Arkansas:  Clay, Craighead, Greene and Mississippi counties

Illinois:  Alexander, Jackson, Randolph and Union counties

Kentucky:  Ballard, Carlisle, Fulton and Hickman counties

Tennessee: Dyer and Lake counties 

Emergency loans may be made available to any applicant with a qualifying loss in the counties named above. Approval is limited to applicants who suffered severe physical losses only. 

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. 

Please contact 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.

 

USDA is an equal opportunity provider, employer and lender. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).