MONTANA

G. Lee Boyer
Montana Department of Agriculture
P.O. Box 200201
Helena, MT 59620-0201
(406) 444-2402
FAX (406) 444-9442
www.agr.state.mt.us
lboyer@state.mt.us

FSA Subordination Loan Program
G. Lee Boyer
Rural Rehabilitation Funds (self perpetuating)
FSA Borrowers

Provide annual operating funds for current FSA borrowers; maximum loan can be 60 percent of collateral value with a maximum of $90,000 for one year.

Rural Assistance Loan Program
G. Lee Boyer
Rural Rehabilitation Funds
Small or beginning agricultural producers

Can loan 80 percent of collateral value with maximum loan of $35,000. Loans may be used for operating expenses, livestock purchases, capital expenditures and real estate. The term is 1, 7 or 10 years. The total assets cannot exceed $350,000 and net worth cannot exceed $100,000.

Junior Agriculture Loan Program
1972
Sam Antonick
Rural Rehabilitation Funds
4-H & FFA youth

Loan 90 percent of first year costs up to $8,500 with a five year maximum term.

Beginning Farm/Ranch Loan Program
2002
G. Lee Boyer
Aggie Bonds
Beginning farmers and ranchers

A tax-exempt bond program designed to aid financial institutions in assisting beginning farmers/ranchers to purchase agricultural land, improvements, or depreciable agricultural property

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