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USDA Offers Low-Interest Loans for Agricultural Producers in Tennessee Impacted by Natural Disasters

News Release
|
Tennessee
|
Release Date
May 12, 2020

1400 Independence Ave. SW
Washington, DC 20250
Contact: Greer Gill
Greer.Gill@usda.gov
(615)-277-2715

Emergency Support to Producers in Surrounding Counties/Border States Also Available

NASHVILLE, Tennessee, May 12, 2020 — Tennessee 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 who incurred losses due to recent natural disasters. Approval is limited to applicants who suffered severe physical losses only, including the loss of buildings and livestock. Applications are due by Jan. 4, 2021.

“Tennessee’s hardworking ag producers feed our neighbors, the nation and the world,” said State Executive Director Mike Mayfield. “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.”

High Winds and Hail

Physical loss loans are available to eligible agricultural producers in Lawrence County who suffered losses due to high winds and hail that occurred on April 8, 2020.

Producers in the contiguous Tennessee counties of Giles, Lewis, Maury, and Wayne, along with Lauderdale County, Alabama, are also eligible to apply for emergency loans.

High Winds

Physical loss loans are available to eligible agricultural producers in Cannon, Cumberland, DeKalb, and Warren counties who suffered losses due to high winds that occurred on March 29, 2020.

Producers in the contiguous Tennessee counties of Bledsoe, Coffee, Fentress, Grundy, Morgan, Putnam, Rhea, Roane, Rutherford, Sequatchie, Smith, Van Buren, White, and Wilson, are also eligible to apply for emergency loans.

Tornadoes and Flooding

Physical loss loans are available to eligible agricultural producers in Bradley, Hamilton, Marion, and Polk counties who suffered losses due to excessive tornadoes and flooding that occurred April 12 through April 13, 2020.

Producers in the contiguous Tennessee counties of Bledsoe, Franklin, Grundy, McMinn, Meigs, Monroe, Rhea, and Sequatchie, along with Jackson County, Alabama; Catoosa, Dade, Fannin, Murray, Walker, and Whitfield counties in Georgia; and Cherokee County, North Carolina, 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

Farm Service Agency:

1400 Independence Ave. 
SW Washington, DC 20250 
 

Contact:

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