Archive for Tuesday, March 10, 2009

State agency gives stimulus money to Kansas farmers

March 10, 2009

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— The Farm Service Agency says it has used stimulus money for loans to 63 farmers in Kansas.

The agency said Tuesday that more than $4.38 million in direct operating loans have been distributed so far. It says more loans will be funded daily as funds are available.

Nationwide, the Farm Service Agency is using $145 million of the $173 million in the Recovery Act for its direct operating farm loan program.

The money is expected to fund loans to about 2,042 farmers. The maximum loan amount is $300,000.

About half the money is targeted for beginning farmers, and 10 percent is targeted to socially disadvantaged producers.

Comments

Steve Jacob 6 years, 5 months ago

And how many jobs does this create, to Americans?

hooligan01 6 years, 5 months ago

Finally doing something for real americans.

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