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Low-Interest Loans Available for Montana Producers Affected by Natural Disasters

News Release
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Montana
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Release Date
March 08, 2021

Emergency Support to Producers in Surrounding Counties Also Available

BOZEMAN, Montana, March 8, 2021 — Montana agricultural producers who lost property due to recent natural disasters may be eligible for U.S. Department of Agriculture (USDA) physical loss loans. The Farm Service Agency (FSA) offers these low-interest loans to agricultural producers in Musselshell County who incurred losses caused by a wildfire that occurred Jan. 13 to Jan. 18, 2021. Approval is limited to applicants who suffered severe physical losses only, including the loss of buildings and livestock. Applications are due by Nov. 1, 2021. 

“Montana’s hardworking ag producers feed our neighbors, the nation, and the world,” said Acting State Executive Director Les J. Rispens. “When they suffer losses because of extreme weather, helping them get back on their feet is important. We encourage those affected to reach out to their local USDA Service Center to apply for these emergency loans.”

Producers in the contiguous Montana counties of Fergus, Golden Valley, Petroleum, Rosebud and Yellowstone are also eligible to apply for emergency loans.

Physical loss loans can help producers repair or replace damaged or destroyed physical property essential to the success of the agricultural operation, including livestock losses. Examples of property commonly affected include essential farm buildings, fixtures to real estate, equipment, livestock, perennial crops, fruit and nut bearing trees and harvested or stored crops and hay.

For more information on FSA disaster assistance programs or to find your local USDA Service Center visit farmers.gov/recover.

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Farm Service Agency:

1400 Independence Ave. 
SW Washington, DC 20250 
 

Contact:

FPAC Press Desk
FPAC.BC.Press@usda.gov