Disaster Recovery Loan

This low interest loan is available to farmers for damage due to high winds, hail, tornado, floods or excessive rainfall or snowfall. These funds are for recovery expenses not covered by insurance. The Disaster Recovery Loan can be used to help clean up, repair, or replace farm structures and septic and water systems, as well as replace seed, other crop inputs, feed, and livestock.

Restructure II Loan

Helps farmers who remain in good credit standing with their local agricultural lender, but are having trouble with cash flow due to adverse events. Only debt of an agricultural nature is eligible for refinancing.

Livestock Equipment Loan

Helps farmers finance the purchase of livestock-related equipment. Loans may be used for the acquisition of equipment for animal housing, confinement, animal feeding, milk production, and waste management.

Livestock Expansion Loan

Helps finance the construction of state-of-the-art facilities for livestock farmers. Livestock expansion means improvements to a livestock operation, including the purchase and construction or installation of improvements to land, buildings, and other permanent structures, including equipment incorporated in or permanently affixed to the land, buildings or structures, which are useful for and intended to be used for the purpose of raising livestock. The purchase of livestock is NOT an eligible purpose for this program.

Dairy Farm Improvement Grant

This grant is for principle operators of dairy cow operations that are currently producing Grade B milk and producers of Grade A milk who need to make capital or operational improvements to ensure continued compliance with Grade A requirements. Producers may apply for up to $10,000 with no matching requirement. Eligible costs include the equipment, services, and physical improvements needed to meet or maintain Grade A dairy farm and quality standards.

Dairy Business Planning Grant

This grant covers 50% of the cost to create a business plan for a dairy farm. Grants can be used to evaluate the feasibility of any changes to your farm including a farm transition and stray voltage testing.

Ag Improvement Loan

Assists eligible farmers in financing capital improvements to their farming operation to improve production, efficiency, and increase farm income. Agricultural improvements mean improvements to a farm, including the purchase and construction or installation of improvements to land, buildings and other permanent structures. This includes equipment incorporated in or permanently affixed to the land, buildings, or structures which are useful for and intended to be used for the purpose of farming. For this program, agricultural improvements also includes wind energy conversion facilities with an output capacity of one megawatt or less. Contact Ryan Roles, 651-201-6666, Ryan.Roles@state.mn.us

AgBMP Loan

Loans up to $200,000 are available for projects such as manure storage facilities, tillage equipment, and run-off reduction that utilize agricultural best management practices to improve or maintain good water quality. Loans may be issued for up to 10 years and 3% interest.