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USDA, SBA offer assistance loans

The United States Department of Agriculture and the Small Business Administration will provide low interest loans for farms, ranches and business in North Dakota, according to a news release from Gov. John Hoeven.

The United States Department of Agriculture and the Small Business Administration will provide low interest loans for farms, ranches and business in North Dakota, according to a news release from Gov. John Hoeven.

Eligible farmers and ranchers can receive emergency loan assistance from the USDA for damages and losses caused by drought, late season frost, high winds, flooding, ground saturation, storms, ice, snow and severe temperatures that occurred since Jan. 1.

Eligible businesses can receive economic injury disaster loans through the SBA to help meet normal operating expenses that cannot be met due to the effects of drought and other weather-related damages.

The deadline for both agency applications is April 11.

For a USDA application, call Sue Ohlhauser at (701) 983-2224.

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For an SBA application, call (800) 366-6303 or visit www.sba.gov/disaster .

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