Agricultural producers in Vermillion and Vigo Counties who lost property due to recent natural disasters are eligible for physical loss loans from the U.S. Department of Agriculture (USDA). USDA’s Farm Service Agency (FSA) offers these loans for losses caused by the derecho and tornadoes that occurred on June 29, 2023, through June 30, 2023.
FSA is offering these low-interest emergency loans to producers with a qualifying loss. Approval is limited to applicants who suffered severe physical losses only, including the loss of buildings and livestock. The deadline for producers in designated primary and contiguous counties to apply for loans for physical losses is July 3, 2024.
Impacted Area: Illinois, Indiana, Iowa and Missouri
Triggering Disaster: derecho and tornadoes
Application Deadline: July 3, 2024
Primary Counties Eligible: Illinois – 9 Counties
Contiguous Counties Also Eligible:
Illinois – 25 Counties, Iowa – 2 Counties, Missouri – 2 Counties
Indiana – 2 Counties (Vermillion and Vigo)
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.
Please contact FSA for more information on loan eligibility and the application process. FSA office information is available at farmers.gov/service-center-locator. Additional FSA disaster assistance program information is available at disaster.fsa.usda.gov.
More Resources
On farmers.gov, the Disaster Assistance Discovery Tool, Disaster Assistance-at-a-Glance fact sheet, and Loan Assistance Tool can help you determine program or loan options. To file a Notice of Loss or to ask questions about available programs, contact your local USDA Service Center.Farm Service Agency:
1400 Independence Ave.
SW Washington, DC 20250
Contact:
FPAC Press Desk
FPAC.BC.Press@usda.gov