- 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.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide