Dataset: Farm Operating Loans (Direct and Guaranteed)
Provided by Department of Agriculture
Updated 10 Nov 2020

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Dataset summary

The dataset on this page is a cache of the dataset https://catalog.data.gov/dataset/farm-operating-loans-direct-and-guaranteed. It is a snapshot of the dataset as it appeared on 06 Jun 2021 13:56 GMT. The current dataset could have changed in the meantime. Attribution: Contains data retrieved from Data.gov.

"The Farm Service Agency (FSA) offers farm operating loans to farmers who are temporarily unable to obtain private, commercial credit at reasonable rates and terms. Operating loans are used to purchase items such as livestock and feed, machinery and equipment, fuel, farm chemicals, and insurance; pay family living expenses and general farm operating expenses; and make minor improvements or repairs to buildings and fencing. Both guaranteed loans and direct loans are available through this program. FSA guaranteed loans provide lenders (e.g., banks, Farm Credit System institutions, credit unions) with a guarantee of up to 95 percent of the loss of principal and interest on a loan. The maximum FSA guaranteed operating loan is $1,302,000 (adjusted annually based on inflation). Applicants unable to qualify for a guaranteed loan may be eligible for a direct loan from FSA. Direct loans are made and serviced by FSA officials, who also provide borrowers with supervision and credit counseling. Th...

Dataset resources

"Farm Operating Loans (Direct and Guaranteed)" contains the following resources:

• html - Farm Operating Loans (Direct and Guaranteed)

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