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USDA starts rollout of debt relief for socially disadvantaged farmers and ranchers

USDA starts rollout of debt relief for socially disadvantaged farmers and ranchers According to USDA, there are about 14,400 SDA borrowers with about $2.7 billion in debt, as well as another $400-million-plus that is delinquent. More than 80% of the borrowers hold direct loans and account for about 65% of the debt — about $2 billion. The rest, guaranteed lenders, have about $1 billion. 5:30 am, Jun. 5, 2021 × U.S. Department of Agricultures Whitten building. (Agri-Pulse...
United States Mark Scanlan Tom Vilsack Department Of Treasury Office Of The Inspector Community Bankers Of America
Source: agweek.com

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