Brookville, In. — President Trump has declared 18 Ohio counties as primary natural disaster areas. As a result, Franklin County was declared a contiguous disaster due to severe storms, flooding and landslides that occurred February 14, 2018, through February 25, 2018. Under this designation, producers with operations in any primary or contiguous county are eligible to apply for low-interest emergency loans.
Emergency loans help producers recover from production and physical losses due to drought, flooding and other natural disasters or quarantine.
Producers have eight months from the date of the declaration to apply for emergency loan assistance. FSA will consider each loan application on its own merits, taking into account the extent of losses, security available and repayment ability. Producers can borrow up to 100 percent of actual production or physical losses, to a maximum amount of $500,000.
For more information about emergency loans, you may contact the Decatur County Farm Loan Program staff at 812-663-8674. This office is located in Greensburg Indiana and provides funding for Franklin County through Farm Loan Programs. You may also visit online.
