Low interest emergency physical loss loans available for producers in Pierce and St. Croix
Agricultural producers in Pierce and St. Croix County who lost property due to recent natural disasters are eligible for physical loss loans from the U.S. Department of Agriculture. USDA's Farm Service Agency offers these loans for losses caused by high winds and snow storms that occurred on April 13, 2018 through April 15, 2018.
FSA is offering these low-interest emergency loans to producers with a qualifying loss. Approval is limited to applicants who suffered severe physical losses only, including the loss of buildings and livestock. The deadline for producers in designated primary and contiguous counties to apply for loans for physical losses is Jan. 29, 2019.
Physical loss loans can help producers repair or replace damaged or destroyed physical property essential to the success of the agricultural 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.
Please contact FSA for more information on loan eligibility and the application process. FSA office information is available at offices.usda.gov. Additional FSA disaster assistance program information is available at disaster.fsa.usda.gov.