(LITTLE ROCK, Ark.), May 24, 2017 – U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) Acting Administrator Chris Beyerhelm today announced that physical loss loans are available for 37 counties in Arkansas. Farm operators who have suffered major physical losses caused by excessive rain, flash flooding, flooding, hail, high winds, lightning and tornadoes that occurred on April 1, 2017, and continuing, may be eligible for emergency loans.

Low Interest Emergency Physical Loss Loans Available for 37 Arkansas Counties with Assistance to Producers in Surrounding States

Contact: Dan Gieseke
Daniel.Gieseke@mo.usda.gov
573-876-0980

 

(LITTLE ROCK, Ark.), May 24, 2017 – U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) Acting Administrator Chris Beyerhelm today announced that physical loss loans are available for 37 counties in Arkansas. Farm operators who have suffered major physical losses caused by excessive rain, flash flooding, flooding, hail, high winds, lightning and tornadoes that occurred on April 1, 2017, and continuing, may be eligible for emergency loans.

This Administrator’s Physical Loss Notification has been issued for Arkansas, Baxter, Benton, Boone, Carroll, Clay, Cleburne, Conway, Craighead, Cross, Drew, Faulkner, Fulton, Independence, Izard, Jackson, Lawrence, Lonoke, Madison, Marion, Mississippi, Newton, Perry, Phillips, Poinsett, Prairie, Pulaski, Randolph, St. Francis, Searcy, Sharp, Stone, Van Buren, Washington, White, Woodruff and Yell counties as the primary damaged area.

Additionally, 21 Arkansas counties are contiguous to this designated disaster area, making these producers also potentially eligible for programs based on this designation. The contiguous counties are: Ashley, Bradley, Chicot, Cleveland, Crawford, Crittenden, Desha, Franklin, Garland, Grant, Greene, Jefferson, Johnson, Lee, Lincoln, Logan, Monroe, Montgomery, Pope, Saline and Scott counties.

The following contiguous counties in surrounding states are also eligible for emergency loans:

Mississippi:  Bolivar, Coahoma and Tunica counties

Missouri:  Barry, Butler, Dunklin, Howell, McDonald, Oregon, Ozark, Pemiscot, Ripley, Stone and Taney counties

Oklahoma:  Adair and Delaware counties

Tennessee: Dyer, Lauderdale, Shelby and Tipton 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.

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