USDA Farm Service Agency (FSA) Farm Storage Facility Loan Program

Overview Low-interest financing to build or upgrade farm storage and handling facilities Max loan amount is $500,000 per loan request Loan terms are 7, 10 or 12 years $100 application fee per applicant (nonrefundable) Financing Rural America

Eligible Commodities Corn, grain sorghum, rice, soybeans, oats, peanuts, wheat, barley, or minor oilseeds harvested as whole grain; Corn, grain sorghum, wheat, oats or barley harvested as other- than-whole grain; Other grains (triticale, speltz, and buckwheat); Pulse crops (lentils, chickpeas and dry peas); Hay; Honey; Renewable biomass; Fruits (includes nuts) and vegetables - cold storage facilities; Floriculture; Hops; Maple sap; Milk; Cheese; Butter; Yogurt; Eggs; Meat/poultry (unprocessed); Rye and; Aquaculture (excluding systems that maintain live animals through uptake and discharge of water). Financing Rural America

Environmental Evaluation Requirements Loans must be approved before site preparation and/or construction can be started All loans are subject to an environmental evaluation Accepting delivery of equipment, starting any site preparation, or construction prior to approval, may adversely affect loan eligibility Financing Rural America

Eligible Facilities and Upgrades Must have a useful life of at least 15 years Storage facilities must be stand-alone structures FSFL’s shall only be made for purchasing and installing eligible permanently installed storage facilities, permanently affixed drying or handling equipment, or remodeling existing facilities

Financing Rural America Eligibility Requirements Any person who is a land-owner, landlord, leaseholder, tenant or share-cropper

Financing Rural America Where to File the Application File the FSFL application in the administrative FSA office that maintains the farm’s records

Financing Rural America Questions