Under this designation, producers in any of the primary or contiguous disaster counties are eligible to apply for low interest emergency loans.
The streamlined disaster designation process issues a drought disaster declaration when a county has experienced a drought intensity value of at least a D2 (severe drought) level for eight consecutive weeks based on the U.S. Drought Monitor during the crop year.
Bee, Goliad and Refugio counties were listed among the primary disaster counties.
Karnes, Live Oak and McMullen counties were listed among the those designated as contiguous disaster counties.
“The disaster designation is welcome relief to producers because it allows all qualified operators in primary and contiguous counties to apply for a low interest emergency (EM) loan,” said Canales.
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, contact your local FSA office or visit www.fsa.usda.gov.