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This program is established to provide operating capital for family farmers and ranchers. Theses benefits are only available to small family farmers and ranchers that meet all existing eligibility requirements. Borrowers will primarily use the operating loan (OL) proceeds to purchase livestock, farm equipment, and pay operating expenses. FSA anticipates that approximately 3,000 low-income family farmers and ranchers will receive financial assistance as a result of the additional Direct Operating Loan funding made available through the Recovery Act.
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