Lyon County is eligible for FSA emergency loans
Lyon County was declared a primary disaster due to drought and heat using the streamlined Secretarial Disaster Declaration process. Under this designation, if you have operations in any primary or contiguous county, you are eligible to apply for low interest emergency loans.
The streamlined disaster declaration process issues a drought disaster declaration when a county has experienced a drought intensity value of at least D2 (severe drought) level for eight consecutive weeks based on the U.S. Drought Monitor during the crop year.
Emergency loans help you recover from production and physical losses due to drought, flooding and other natural disasters or quarantine.
You have eight months from the date of the declaration to apply for emergency loan assistance. Deadline to apply on this declaration is April 11, 2022. FSA will consider each loan application on its own merits, taking into account the extent of losses, security available and repayment ability. You can borrow up to 100 percent of actual production or physical losses, to a maximum amount of $500,000.
For more information about emergency loans, contact your Lyon County USDA Service Center at 507-537-1401 or visit fsa.usda.gov.