- Associated Press - Thursday, November 12, 2015

BISMARCK, N.D. (AP) - The North Dakota Industrial Commission has approved a loan program aimed at helping farmers hit by low crop production and prices.

The three-member panel headed by Gov. Jack Dalrymple approved the Farm Financial Stability Loan Program on Thursday.

The program will provide up to $300 million in loans from the state-owned Bank of North Dakota.

Dalrymple says the loans may be used for working capital or to restructure existing debt.

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