Sheep & Goat Fund Raises Interest Rate

September 22, 2006 - The National Livestock Producers Association (NLPA) Sheep and Goat Fund Committee met in Sun Valley, Idaho, on Aug. 3, 2006. The committee discussed several topics and reviewed new and current loans. The decision was made to raise the interest rate on the available funds to 5.75 percent, effective Sept. 1, 2006.

Currently, the Sheep and Goat Fund has $9.4 million in loan commitments with 45 loans to 33 entities in 21 states. The fund still has money to loan and is in need of applications ? for anything from dairy and meat processing, to wool products and genetics.

The fund?s Web site, www.SheepandFund.com, has detailed project descriptions of funded loans and grant information as well as the application and instructions.

Call Scharee Atchison at (800) 237-7193 for more information or go to: www.SheepandFund.com

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