FSA Loan update

By: First News Staff Email
By: First News Staff Email

FANNIN COUNTY, TX -- The Fannin County USDA Farm Service Agency says that the farm ownership loans for 2012 have been exhausted. But, fiscal year 2013 begins October 1st, meaning there will be guaranteed farm ownership funds available in early October.

Farmers and ranchers in Texas received over $37 million in guaranteed farm ownership loans this fiscal year.

The agency also says the guaranteed loan limit will increase up to 100 thousand dollars from last year.

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