9-24-06 – A year of drought conditions and grass fires have hit some area farmers hard and this week the deadline to apply for federal loans is coming up.
Last month Governor Rick Perry announced that 82 Texas counties, including Grayson and Fannin, will share $780 million dollars in drought assistance from the USDA.
However, one Grayson County farmer is not rushing to put in his application. Ben Wible says the low-interest emergency loans for disaster relief have a long list of requirements, and that’s turning him off of the process. He says the entire process takes too long.
Farmers are also required to pay the loan back within seven years.
The application deadline for the loans is Wednesday, September 27th. Contact your local Farm Service Agency for more information.