West Virginia Business Resource Directory

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U.S. Department of AgricultureProgram: Farm Service Agency (FSA) – Farm Loan ProgramFinancial AssistanceS t a t e w i d eContactKimble Hayes, Farm Loan ChiefU.S. Department of Agriculture304.284.4813kimble.hayes@wv.usda.govwww.fsa.usda.gov/FSA/webapp?area=home&subject=fmlp&topic=landingTargetAudienceFundingFamily size farm operationsSocially Disadvantaged Groups (minorities including females)Beginning Farmers (have farmed less than 10 years)FederalTotal available:Funding levels are approved by Congress each year and allocations are made toeach state.Minimum or maximum amount a participant can receive:Direct Farm Ownership Loans: $300,000Direct Farm Operating Loans: $300,000Guaranteed Loans: $1,302,000 (adjusted annually)Emergency Loans: $500,000ApplicationProcessCan obtain an application from the web site or any FSA office in WV. FSA staffcan assist in completing application if needed.Deadlines: None.DescriptionFSA provides a supervised loan program to family size farm operations. Loanscan be made to individuals or entities. Loans can be made for purchase orimprovement of real estate, purchase livestock and farm equipment, and forannual farm operating expenses.W E S T V I R G I N I A D E V E L O P M E N T O F F I C E D–13
Financial AssistanceS t a t e w i d eU.S. Department of Agriculture ...Program: Farm Service Agency (FSA) – Farm Loan ProgramEligibleApplicants • Be a Family size farm operation• Be unable to obtain credit from commercial sources at rates and terms youcan afford.• Have acceptable credit history.• Have the training, education, or experience to enable applicant to manageplanned operation.• For Farm Ownership loans, must have participated in the businessoperations of a farm for at least 3 out of last 10 years.Please see website or discuss with FSA staff for complete list of eligibilityrequirements for each loan program.RestrictionsEmergency loans are limited to residents of counties where a FederalDisaster has been declared by the President, Secretary of Agriculture orAgency Administrator.D–14 B U S I N E S S R E S O U R C E D I R E C T O R Y
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West Virginia Business Resource Dir
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Statewide continuedFinancial Assist
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West Virginia Division of EnergyPro
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WVU Research OfficeProgram: WVU Eco
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WorkForce West VirginiaProgram: Mil
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Technical AssistanceS t a t e w i d
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Marshall UniversityProgram: Center
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West Virginia UniversityProgram: Re
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WorkForce West VirginiaProgram: Wes
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WV Division of Natural ResourcesPro
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WVU Research OfficeProgram: WVU Eco
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Advantage ValleyProgram: Advantage
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Business-to-Business Supportr e g i
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West Virginia Hardwood Alliance Zon
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Bel-O-Mar Regional CouncilProgram:
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City of MartinsburgProgram: Multipl
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Putnam County Development Authority
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OrganizationL i s t i n g sCommunit
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OrganizationL i s t i n g sWest Vir
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IndexAACT WorkKeys Job Profiling E-
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II-79 Development CouncilMarketing,
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Regional Contracting Assistance Cen
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West Virginia Development OfficeApp
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West Virginia Development Office
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West Virginia Business Resource Directory

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