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UAPB program offfers farmers counsel on loans

UAPB program offfers farmers counsel on loans
Don Jasper, left, obtains help with completing a U.S. Department of Agriculture Farm Loan application from Stephan Walker, University of Arkansas at Pine Bluff extension associate. (Special to The Commercial/University of Arkansas at Pine Bluff)

Farmers and ranchers who need assistance completing U.S. Department of Agriculture farm loan applications can receive help from the Small Farm Program at the University of Arkansas at Pine Bluff and the East Arkansas Enterprise Community in northeast Arkansas.

This service is especially good for new farmers, as well as established farmers unfamiliar with the USDA farm loan application process, according to Henry English, director of the UAPB Small Farm Program.

“Extension associates are available to assist individuals in developing income/expense projections and balance sheets required in the applications,” he said in a news release.

“Information on enterprise budgets, break-even prices and yields will also be provided. The information you develop will be compared to the available county average information. The Extension associate will also work with your loan officer to ensure that you submit a complete application,” English said.

Individuals needing assistance with loan applications in southeast Arkansas can contact Karen Lee of the UAPB Small Farm Program at leek@uapb.edu or (870) 575-7225. Individuals in northeast Arkansas can contact East Arkansas Enterprise Community representatives Alex Cole at mr.adcole@yahoo.com or (870) 270-2215 and Hendra Woodfork at (870) 630-2005.