Volume 51, Number 42

twelve pages

Byrdstown, Tennessee 38549 -- Thursday, October 16, 2014

Pickett County eligible for disaster assistance

Emergency loans for farmers, ranchers and operators are available through the Overton County Office of the Farm Service Agency.
Farm Service Agency's State Director, Jamie H. Jenkins Ph.D, said this authority is pursuant to Secretarial Natural Disaster Determination S2796, of a major disaster in Tennessee, caused by drought which occurred January 1, 2008 and continuing. As a result of this major disaster, Pickett County, as a primary county in Tennessee, is named as an area eligible for Federal disaster assistance pursuant to the provisions of Section 321(a) of the Consolidated Farm and Rural Development Act.
Applications for assistance in the disaster-stricken county will be accepted by FSA through July 1, 2009, for qualifying production and qualifying physical losses.
FSA Emergency Loans cover losses from designated disaster and are made to qualified farmers who cannot obtain necessary credit from other lenders in the local area.
Farmers qualifying for emergency loans may borrow up 100 percent of their actual production loss, not to exceed a maximum of $500,000 or that amount actually needed, whichever is less.
To obtain further information, contact Gary Howard, Agriculture Credit Manager/Officer of the Farm Service Agency office located at 2530 Bradford Hicks Drive, Livingston, TN 38570.

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