Saturday, April 30, 2011

Agricultural Loan Money Still Available

In 1992, Panhandle Groundwater Conservation District began its agricultural loan program to assist qualifying farmers in financing their irrigation sprinklers.  Since then, loans totaling $6,913,864 have been disbursed.  In 2011 alone, PGCD has approved funding for seven loans totaling $705,000 leaving another $300,000 available.  With an unprecedented low interest rate of 1.3% and a payback term of 8 years, interested applicants are encouraged to download an application on our website at www.pgcd.us or contact our office at (806) 883-2501.

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