|FSA announces emergency loans|
|Written by Holyoke Enterprise|
On Sept. 15, 2010, Governor Bill Ritter, Jr. requested a disaster designation for Yuma County, due to losses caused by a severe storm with hail and a tornado that occurred June 21, 2010.
USDA has determined there were sufficient production losses to warrant a Secretarial disaster designation.
Yuma County has been designated a Colorado primary county. Contiguous counties in Colorado include Kit Carson, Logan, Phillips and Washington. Cheyenne County in Kansas and Chase and Dundy counties in Nebraska round out contiguous counties.
This designation makes all family-sized farm operators in primary and contiguous counties eligible to be considered for low interest emergency loans from FSA, provided eligibility requirements are met.
FSA will consider each loan application on its own merits, taking into account the extent of losses, security available and repayment ability.
This determination is coded S3041, and EM loan applications will be received effective Sept. 30 2010 through May 31.
For the purpose of determining loan security values for these loan applications, the beginning date of the incident period is June 21, 2010.