Show FINANCIAL AID EXTENDED TO MILLARD CO FARMERS BY THE FARM SECURITY administration considerable financial aid has been extended to the millard county farmers by the farm security administration n Ini this loan program started late hi fit the year 1934 the program was set up to extend financial aid to low income farmers loans were first made by the utah rural nural rehabilitation corporation the loan program was transferred to the resettlement administration on july 1 1935 the name was changed from the resettlement administration to tile the farm security administration about august 1 1937 type of lonn loan year no of allt aint loans igans corporation loans 1935 38 RA loans 1935 36 supplemental 1336 1936 28 supplemental 1937 71 now new loans 1937 13 loans 1937 4 cooperative loans 1937 2 the total amount of money loaned in millard county up to december 31 1937 was the total amouta loaned up to april 1 1938 this figure includes a few applications which have been submitted to the regional office tor for approval but which have not as yet ben been approved since the beginning of tile the year 1938 six supplemental loans and tour four new loans have been submitted three loans established under tile the community and cooperative operal lve division of tile the farm security administration havo have been approved in this county all loans are set up and approved on the basis of the completion of a satisfactory farm and home plan good progress has been made to date the repayment on the loans varies from one to five years most of tile the loans being repaid over a period of three to five fire years loin loan repayments have been made as follows july 23 1936 to december 31 1936 january 1 1927 to december 31 1937 january 1 I 1938 to april 1 1938 several cooperative loan applications are being investigated at the present dregent time it applicants are eligible and satisfactory farm and home plans can be developed these applications will be submitted to the regional office for consideration in the very near future additional funds aro are now available for new and supplemental loans however the amount of at money is not adequate to take care ot of all loan made decenty and during the past several months are now being fully investigated the local F S A office expects to handle as many new loans as time and funds will permit between now and june 30 june 30 to la the end of the fiscal year loan funds after that date will come from the next fiscal years appropriation the fiscal year extending from july 1 1938 to june 30 1939 |