Archive for Tuesday, June 15, 1999


June 15, 1999


Deadline approaches

for farming loans

The deadline for filing applications for Emergency Disaster (EM) loans by farmers and ranchers in Johnson County for Disaster Declaration M-1253 is Monday.

This is also the deadline for filing application for EM loans by farmers and ranchers in Douglas, Miami and Franklin counties for Disaster Declaration M-1254, while residents of Osage, Johnson and Shawnee counties have until June 22 to file under that declaration. The deadline for EM loans for M-1254 Amendment 2 and 3 for Anderson and Linn counties is June 28.

To be eligible for an EM loan, an applicant must be operating a family-size farm or ranch, must be unable to get credit elsewhere and must have suffered a qualifying physical and/or production loss from the disaster. A qualified production loss would be at least 30 percent reduction to at least one crop. The loans cover up to 80 percent of qualifying losses or $500,000, whichever is less.

Applications should be made at the Farm Service Agency office, 107 E. 23rd, Ottawa.

Commenting has been disabled for this item.