AgBMP Loan Program

Delane Krier: 651-923-5286 Ext. 102

dkrier@goodhueswcd.org

The AgBMP Loan Program is a water quality program that provides low interest loans to farmers, rural landowners, and agriculture supply businesses. The purpose is to encourage agricultural best management practices that prevent or reduce runoff from feedlots, farm fields and other pollution problems identified by the county in local water plans. 

 

Eligible projects

Projects include feedlot improvements, manure storage basins, spreading equipment, terraces, grass waterways, conservation tillage equipment, and other agricultural best management practices (BMP's) that reduce or treat runoff from farm yards and fields.  BMP's that receive cost share funding and projects needed to comply with water related rules or laws are eligible.

Conservation tillage equipment

Manure Management

Feedlot Improvement

No-till Planting Equipment

Private Septic System

Cluster Septic System

To apply for a loan

Potential borrowers should contact the SWCD for available funds and information regarding the AgBMP Program.  Below is the AgBMP Worksheet and the AgBMP Loan Application Form that will need to be filled out prior to being accepted into the program.

 
Loan Terms
  • Maximum loan length is 10 years

  • Maximum loan amount is $100,000

  • Maximum interest rate is 3%

  • Lender may charge customary fees

  • Lender may require collateral

  • Borrower must meet lending criteria

AgBMP Worksheet (Click Here)

AgBMP Loan Application Form (Click Here)

Resource for more information on the Program

Minnesota Department of Agriculuture: https://www.mda.state.mn.us/agbmploan