The U.S. Department of Agriculture’s (USDA) Farm Service Agency (FSA) provides emergency loans to help agricultural producers recover from production and physical losses due to drought, flooding, other natural disasters or quarantine.
Application Deadline: February 24, 2012
Am I eligible? To qualify for an Emergency Loan, you must:
- Be a U.S. citizen or permanent resident who owns or controls farm/ranch land, who has suffered production or property losses from a natural disaster (including severe drought) and who has been denied a loan by a commercial lender.
- Applicants must also have an acceptable credit history; not have received debt forgiveness from the FSA
- For production loss loans, the applicant must have suffered at least a 30 percent loss in yield.
These loans can be used to:
- Repair or replace buildings or other structures.
- Purchase livestock and equipment.
- Pay essential farm operating and family living expenses.
- Refinance debt.
- Repair or replace essential household contents damaged in the disaster.
Download a PDF Fact Sheet on the Emergency Farm Loan Program.
How do I apply?To apply for an emergency loan, applicants must submit an application form (FSA-410-1) and business plan, in addition to other forms required to determine eligibility.
Online: Locate your North Dakota County FSA office.
Phone: Contact the North Dakota State FSA office at 701-239-5224.
