Zero-Interest Loans for Farmer With Bird Flu Losses
St. Paul, MN (KROC-AM News) -Zero interest disaster loans are being made available to Minnesota poultry farmers who have suffered losses due to the bird flu outbreaks that have affected over 100 farms since early March.
The State Agriculture Department says $10 million dollars has been appropriated for the program through the Minnesota Rural Finance Authority to help producers replace commercial poultry flocks, making building improvements, and to cover revenue losses associated with the outbreaks of the H5N2 virus.
The ten year loans, which can be for a maximum of $200,000, are available through existing agricultural lenders.
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