More presidential disasters declared

June 12, 2008 10:02 am

— President Bush has declared a major disaster in Oklahoma based on severe storms, tornadoes and flooding that occurred April 9 to 28, 2008. The disaster declaration allows eligible farmers in the area to apply for emergency loan assistance from the Farm Service Agency. Farm operators in contiguous counties are also eligible to be considered for low-interest emergency loans from the Farm Service Agency. Mayes County was named a primary county.
Emergency loan funds may be used to purchase seed, fertilizer, fuel and repairs. To be eligible for a loan, an applicant must have suffered losses as a direct result of the disaster and be unable to get credit from other sources. The amount of the loan is determined by actual certification of loss less any compensation received, repayment capacity of the borrower and availability of security. Loan applications will be received through the close of business Jan. 9, 2009. Producers who believe they can qualify should contact the FSA office in Vinita at 256-6882.
Another major disaster was declared for severe storms, tornadoes and flooding which occurred May 10 to 13, 2008. Mayes County was named as a contiguous county.
Applications will be accepted until the close of business Jan. 23, 2009.