| ||||||||||
 
Dr. Ronald P. Rogers CHIROPRACTOR Support for your body's natural healing capabilities 270-384-5554 Click here for details 
  
Columbia Gas Dept. GAS LEAK or GAS SMELL Contact Numbers 24 hrs/ 365 days 270-384-2006 or 9-1-1 Call before you dig 
Visit ColumbiaMagazine's Directory of Churches Addresses, times, phone numbers and more for churches in Adair County Find Great Stuff in ColumbiaMagazine's Classified Ads Antiques, Help Wanted, Autos, Real Estate, Legal Notices, More... 
|
KAFC approves $500K in area loans, $5M statewide From Lisa Tolliver Frankfort, KY - The Kentucky Agricultural Finance Corporation (KAFC) approved $4,996,821 for 22 agricultural loans for projects across the commonwealth at its monthly board meeting. Loans approved include $250,000 for the Agricultural Infrastructure Loan Program in Adair County and $250,000 for the Beginning Farmer Loan Program in Green County. Agricultural Infrastructure Loan Program (AILP) Six Agricultural Infrastructure loans totaling $1,079,507 were approved. Loan recipients were in Adair ($250,000), Breckinridge ($130,312 and $141,695), Graves ($57,500), and Ohio ($250,000 and $250,000) counties. KAFC participates with lenders to provide financing to producers making capital expenditures for agricultural projects through the AILP. Eligible projects include permanent farm structures with attached equipment that improves the profitability of farming operations. Producers may be eligible for up to $250,000 not to exceed 50 percent of the project. Agricultural Processing Loan Program (APLP) Two Agricultural Processing loans totaling $1,500,000 were approved. Loan recipients were in Graves ($1,000,000) and Mercer ($500,000) counties. APLP is designed to provide loan opportunities to companies and individuals in Kentucky interested in adding value to Kentucky-grown agricultural commodities through further processing. Agricultural processors may qualify for financing for acquisition of equipment, construction of new facilities, renovation/expansion of existing facilities and permanent working capital up to 50 percent of the project cost. Beginning Farmer Loan Program (BFLP) Thirteen Beginning Farmer loans totaling $2,167,314 were approved. Loan recipients were in Anderson ($172,500), Caldwell ($142,252), Clinton ($250,000), Daviess ($112,500, $150,000, $157,000, and $250,000), Franklin ($250,000), Green ($250,000), Harrison ($67,830), McClean ($100,000 and $165,232), and Montgomery ($100,000) counties. The BFLP is designed to assist individuals with some farming experience who desire to develop, expand, or buy into a farming operation. Beginning farmers may qualify for financing to purchase livestock, equipment, or agriculture facilities; to secure permanent working capital; for the purchase of farm real estate; or to invest in a partnership or LLC. Diversification through Entrepreneurship in Agribusiness Program (DEALP) A Diversification through Entrepreneurship in Agribusiness loan totaling $250,000 was approved for a recipient in Livingston County. DEALP is designed to assist agri-entrepreneurs with the purchase, establishment or expansion of a business that sells agricultural products or services to farmers or consumers. For more information on the programs offered by the KAFC, contact Bill McCloskey at Kentucky Office of Agricultural Policy at (502) 382-6093 or email kafc@ky.gov. This story was posted on 2023-03-10 14:30:37
Printable: this page is now automatically formatted for printing.
Have comments or corrections for this story? Use our contact form and let us know. More articles from topic News:
ACPL Book signing cancelled Poetry: Springtime by Miss Winston Ruth's House shelter needs donations of clothes dryers General Fund and Road Fund receipts for February 2023 7-County Area Courts for Fri 10 Mar 2023 KELC releases January 2023 Unemployment Report Transportation crews will begin spraying for weeds soon 7-County Area Courts for Thu 9 Mar 2023 Free soil testing available now in Adair County This is Vehicle Safety Recalls Week View even more articles in topic News |
 
115 Jamestown St. Columbia, KY. 270-384-2496 
  
   
 Provided by the Adair Co Fiscal Court and the Adair Co. Emergency Mgt. Agency 
|
||||||||
|
| ||||||||||
|
Quick Links to Popular Features
Looking for a story or picture? Try our Photo Archive or our Stories Archive for all the information that's appeared on ColumbiaMagazine.com. | ||||||||||
|
Contact us: Columbia Magazine and columbiamagazine.com are published by Linda Waggener and Pen Waggener, PO Box 906, Columbia, KY 42728. Please use our contact page, or send questions about technical issues with this site to webmaster@columbiamagazine.com. All logos and trademarks used on this site are property of their respective owners. All comments remain the property and responsibility of their posters, all articles and photos remain the property of their creators, and all the rest is copyright 1995-Present by Columbia Magazine. Privacy policy: use of this site requires no sharing of information. Voluntarily shared information may be published and made available to the public on this site and/or stored electronically. Anonymous submissions will be subject to additional verification. Cookies are not required to use our site. However, if you have cookies enabled in your web browser, some of our advertisers may use cookies for interest-based advertising across multiple domains. For more information about third-party advertising, visit the NAI web privacy site.
| ||||||||||
