Farmers Home Administration: Emergency Loan Processing Procedures in Stanislaus County, California

The Farmers Home Administration (FmHA) Emergency Loan Program is administered by FmHA county offices located throughout the United States. The program's basic objective is to provide financial assistance to farmers after they have sustained severe losses as a result of a disaster. An audit of the FmHA Emergency Loan Program was undertaken to determine whether the loan processing regulations governing the awarding of loans under the program contain deficiencies which permit abuses or inappropriate use of taxpayers' dollars. The audit was limited to loans made by the FmHA Office in Stanislaus County, CA. All emergency loan applications received at the Stanislaus County office in fiscal year 1979 were reviewed, and the procedures for loan processing were discussed with the FmHA County Supervisor and FmHA officials at the State and national offices.