Farm Storage Facility Loan Application CC-185
The CCC-185 form is used for applying for a Farm Storage Facility Loan. It is essential for farmers looking for financial assistance for building or upgrading storage facilities. Complete this form accurately to ensure compliance with USDA loan requirements.
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How do I fill this out?
To fill out the Loan Application, begin by gathering all necessary information regarding your farm and storage needs. Make sure to provide accurate details about your requested loan amount and term. Carefully review each section before submission to avoid errors.
How to fill out the Farm Storage Facility Loan Application CC-185?
1
Gather your personal and farm information.
2
Indicate your desired loan amount and term.
3
Choose the commodity types relevant to your application.
4
Complete sections regarding facility and equipment needs.
5
Sign and date the application before submission.
Who needs the Farm Storage Facility Loan Application CC-185?
1
Farmers looking to build new storage facilities.
2
Farmers who need to upgrade existing storage.
3
Agricultural businesses aiming for better commodity handling.
4
Individuals applying for a FSFL Microloan.
5
Co-applicants supporting farm storage improvement projects.
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What are the instructions for submitting this form?
To submit the CCC-185 form, please return the completed application to your local County FSA office. You can also submit forms via fax or email, ensuring that all signatures are included. If you prefer to submit in person, visit your local office during business hours for assistance with the submission process.
What are the important dates for this form in 2024 and 2025?
Important dates for the CCC-185 form in 2024 and 2025 depend on specific USDA deadlines for loan applications and approvals each year. Ensure timely submission to secure funding opportunities.
What is the purpose of this form?
The purpose of the CCC-185 form is to provide farmers with a structured application process for obtaining loans to construct or improve storage facilities. This form serves as a commitment to the USDA, ensuring compliance with federal agricultural laws. By utilizing this application, farmers can secure funding that enhances their operational efficiency and product management.
Tell me about this form and its components and fields line-by-line.
- 1. Name and Address of Loan Applicant: The applicant's full name and contact information.
- 2. Requested Loan Amount: The total amount of money that the applicant is seeking.
- 3. Requested Loan Term: The duration of the loan the applicant wishes to receive.
- 4. Commodity Type: The types of commodities relevant to the applicant that the loan will support.
- 5. Facility or Equipment Type: The specific storage facilities or equipment the loan will be used for.
- 6. Legal Description: Details about the real estate where the facility will be located.
What happens if I fail to submit this form?
If you fail to submit the CCC-185 form, you will not be eligible for the Farm Storage Facility Loan. This can lead to missed opportunities for improving storage facilities and could adversely affect your farming operations. Timely submission ensures you remain competitive in the agricultural sector.
- Ineligibility for Loans: Not submitting the form will result in ineligibility for financial assistance.
- Loss of Funding Opportunities: You may miss critical funding opportunities that could enhance your farm's efficiency.
- Delayed Farm Improvements: Failure to submit may delay necessary upgrades to farm storage facilities.
How do I know when to use this form?
- 1. Building New Storage Facilities: Farmers looking to build new structures for commodity storage should apply using this form.
- 2. Upgrading Existing Facilities: Use this form to seek funding for enhancing current storage infrastructure.
- 3. Applying for Microloans: This form is necessary for those wanting smaller loans under the Farm Storage Facility Loan Program.
Frequently Asked Question
What is the CCC-185 form?
The CCC-185 form is an application for the Farm Storage Facility Loan Program provided by the USDA.
Who can fill out this form?
Any qualified farmer or agricultural business can fill out the CCC-185 form to apply for storage loans.
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Do I need to sign the form?
Yes, all applicants must sign the form before submission.
How long does it take to fill out the CCC-185 form?
The time varies, but having all necessary information ready can help complete it within 30 minutes.
Where do I submit the completed CCC-185 form?
Submit the completed form to your local County FSA office.
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