Emergency physical loss loans available

U.S. Department of Agriculture Farm Service Agency acting administrator Chris Beyerhelm announced that physical loss loans are available for two counties in Colorado. Farm operators who have suffered major physical losses caused by wildfires and high winds that occurred March 6-9 may be eligible for emergency loans.

This administrator’s physical loss notification has been issued for Logan and Phillips counties as the primary damaged area. Additionally, five Colorado counties are contiguous to this designated disaster area, making these producers also potentially eligible for programs based on this designation. The contiguous counties are Morgan, Sedgwick, Washington, Weld and Yuma.

Producers in Chase, Cheyenne, Kimball and Perkins counties in Nebraska are also eligible because they are contiguous counties.

Emergency loans may be made available to any applicant with a qualifying loss in the counties named above. Approval is limited to applicants who suffered severe physical losses only.

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