 Good morning and welcome to the second webinar in a series presented by FSA North Dakota and NDSU Extension. My name is Dave Ripplinger. I'm an economic specialist with NDSU Extension. We're once again happy to partner with FSA on this program. As Miranda just pointed out, we're going to have everybody on mute and lights out. But don't hesitate throughout the webinar today to ask questions using the chat feature. We're going to start today with Kim Paulson. He's going to speak and then take questions immediately after her presentation. So be ready for that. And then finally, if for any reason you fall off the call or have to leave for some reason, we are recording and we will post it to the NDSU Farm Management website. So with that, I'll turn it over to Kim. All right. Thanks, Dave. I'm just going to pull up my slides here, hopefully. Is that working? Okay. Great. Yeah. Okay. Thank you for that presentation and thank you for joining us today. I know you are very busy this time of year. It's a great day outside I hear. So we will jump right in and discuss the various loan programs available to you at FSA. Dave mentioned my name is Kim Paulson and I am a farm loan specialist with the state office here in North Dakota. I am one of five team members. And today I'm going to talk to you about our farm loans. So in today's topic, we're going to talk about a general overview of the farm loan programs, some tools that are available to you not only during the pandemic, but also during our after hours from the FSA business centers when they're not open. We have some tools to help you find resources. And then we're going to talk about some of the servicing that FLP is doing during the pandemic. So as they say in show biz, let's start the show. So first topic we're going to do is a general overview of our farm loan programs. We have a direct loan program and a guaranteed loan program on our direct side. Those are funded entirely by FSA and service by FSA. Congress sets out a pot of money each fiscal year. So those monies are allocated to different funds of types of loans. And because of that, our funds are limited. So we call those loan limits. We set a specific dollar amount that applicants can apply for and they can't exceed those loan amounts and hopes that we spread that money out so it becomes available for everyone. Also we don't compete with commercial creditors. So we limit the maximum term that people can apply for FSA assistance. For operating loans, those are seven calendar years. And then for farm ownership loans, those term limits are 10 years. And there are some exceptions to those. Flipping gears on the guaranteed loan side. Guaranteed loans are funded and serviced entirely by the guaranteed lender participating in the program with FSA. With the guaranteed loan program, FSA guarantees repayment of the note if the borrower defaults on that loan. And generally that's anywhere from 85 to 95% of repayment of principal balances if there's a default. And there are loan maximums set with that program as well. However, there's no term limit that will restrict you from continuing to apply for the guaranteed loan program. As long as your lender is participating in the program and Congress continues to fund it, we are set so you can continue to apply for guaranteed loans. We do have targeted funding available to a specific group, minority farmers and ranchers, and then also our beginning farmers. In order to be eligible for the beginning farmer programs, one of the requirements is that you have to be within your first 10 years of farming. And we do that because we want those young farmers to get started and to get enrolled and participate in farming. So we set aside money for them. One of the perks of being a beginning farmer is that your loans would be funded ahead of non-beginning farmer loans. So if ever there was a shortage in funds, beginning farmers would get priority in funding. And it does give them three extra years to apply for operating assistance. I said before, a regular non-beginning farmer gets seven years to apply for operating. With the beginning farmer program, they get 10, so they get three extra years. One of the misconceptions about the beginning farmer program is that they get reduced interest rates. And that's actually not very true. They get the same rate as everyone, with the exception of the beginning farmer down payment program. With that, because they're participating with a commercial lender, they get a reduced rate for that program. But other than that, all beginning farmers get the same interest rate. OK, so let's dive into more of the direct loan program and discuss that. So on the direct side, all of our loans are at a fixed interest rate. And you will get the benefit of the lesser interest rate, either at the time of loan closing or loan approval. So you don't have to worry about that lock in period that some of those commercial lenders have. We're going to give you the best rate that's available at either of those two times. For those who are interested, here is our April interest rates. You can see that the farm ownership rate right now for April is 3%, and operating is at two and three eighths. So they're still very low. With the types of loans we have under our direct program, we have farm ownership loans. And those can be used to purchase land, make capital improvements or expand your operation. And we talked about those loan limits and the maximum loan amount that someone can apply for is 600,000. And then we also have our farm ownership microloan program, and it can be used for the same purposes. It's just a simplified application process, and it's reduced down to 50,000 instead of that 600,000. The nice thing with microloans is they do not count against your term assistance. So as long as you can fund your operation within $50,000 or less, you can get microloans for as long as you want with FSA. Here's just a general overview for some of those visual people out there that explains the types of programs we have, the loan amounts, and then some of the rates attached to those programs. On the operating side, those are for your annual seed inputs, equipment, livestock, any necessities to keep and maintain your farming operation. Those are termed as operating loans. The maximum loan amount for those is 400,000. And then just like we had microloans for the farm ownership program, we also have those for operating. And same thing, 50,000 is the max, and it's a simplified application process. And here you have just a general overview of those programs on the operating side. And of course, we have our youth loan program, and those are available to aspiring farmers who are ages 10 to 20, and they have to be connected with some sort of agricultural youth organization, such as 4-H, FFA, or even a tribal youth groups. And lastly, we have our emergency loans, and if you've been impacted by a declared natural disaster, you may be eligible to apply for an emergency loan. And the maximum loan limits for that is 50,000. So it's a little bit higher than our operating loans, but sometimes that's not always the best option for you because these interest rates are a little higher. Emergency loans can be used to restore or replace essential property that was damaged pay essential farm living and pay off certain debts. So there's a list of lots of options there that emergency loans can be used for. And guaranteed loan program, all of those loan purposes for farm ownership to purchase land, to fund the reorganization of your farm, to make capital purchases, all of those same loan types roll over to the guaranteed loan program. And as you can see here, the maximum loan amount for the guaranteed program is 1,776,000, and then there's an overview shot of some of the loans in there. And just like the microloans, there is an easy guaranteed operating program as well. So it's a simplified application process, and as you can see on the screen, that loan amount is 100,000. So we're trying to make some easy, fast loans if you need that, but there is a restriction on the dollar amount. Moving on to our second topic, we have tools available to assist you. And this is one of the topics I'm most excited about because here we get to showcase some of the hard work that's been done by our National Office and some of the collaboration that's being done to help you get assistance after hours when FSA is closed. One of these tools is called Your Guide to FSA Farm Loans. It is a brochure that's available in English and Spanish, and you can get that either from the service center or you can use the link at fsa.usda.gov, scroll down to the bottom of that website and look for farm loan programs, and then you'll see this brochure at the very bottom. And that explains the whole process from the time of the application through the time that your loan is paid in full. So it gives you a really good guide of our expectations and what we can do to help you. And then next we have our farmers.gov. I'm sure a lot of you have heard about this site, but this really is a portal that's been designed specifically for you, our farmers and ranchers, and we really do hope that you folks are taking advantage of this. National Office sent out a survey to all of the, not all, but to selected farmers and ranchers and got their feedback on what we can do as an agency to improve service and improve turnaround times. And based on that survey, they've created certain portions of this website designed to help you. So one of the things it has links to FLP fact sheets, there's some interactive questionnaires. And when we say interactive questionnaires, I know some people are thinking, well, it's going to take me 30 minutes to get through that. These are in five clicks or less. So it's a great tool, quick and easy, and we'll go through some examples. There's also the service center locator. And then if you need assistance with writing your business plan, there's a link on there that will connect you to a third party that has great videos and some handouts available to help you start with your business plan. And then for those who have that USDA level two E authentication, you can view your loan information 24 seven on this secure site within farmers.gov. So let's take a look at one of those interactive questionnaires. Here we have our farm loan discovery tool, you click on the view tool. And it will again, in five clicks or less, it will tell you what you need. And here we have our H two a visa checklist. For those who have maybe some immigrant workers coming in from other countries, this will give you a checklist on how to get the process started and what you need. And then there's also a disaster discovery tool where it will guide you through what disaster programs or loans might be available to assist you to get through that disaster. So on the farm loan discovery tool itself, we'll take a walkthrough of what that looks like. You click on the view tool. It brings you to this section. And the first question that says are you looking for a farm loan? Yes or no? You click yes. Excuse me. Are you looking to fund an agriculture or youth project? Unfortunately, I'm a little over 20. So I say no. And what are you looking to fund? Are you looking to fund just an operating loan or farm ownership loan? In my case, I checked both. And then it wants to know the dollar limit. So based on how you answer those, it's going to give you your best excuse me. It's going to give you the best loan options for you. And then you can also download the quick application guide. And I should just note that it's going to tell you what loan you should apply for. It doesn't give you, you're not eligible. It doesn't mean you're eligible. It doesn't mean you're approved. And it doesn't mean you're getting funding. It's just going to tell you what is best to apply for. And then you can download this application quick guide. And here it's a great visual tool that tells you, here's what we need you to do. Once the complete application is given to FSA, here's what we will do. And then it walks you through the steps to get loan closing and funding and get you money in your pockets. And then it also gives you an option to download the application package along with instructions. So you know how to accurately complete each form that's in that application packet. And then it details some of the documentations required to go with your application. And when we get everything we need, that's called a complete application. And that's really what starts the process for FSA. And we'll talk a little bit more about that in a few more slides. And there's also connections to your service center so that you know who to look for, who will be working on your loan. And it will give you the name of those loan officers and telephone numbers to connect with them. And as I mentioned, if you have that level two E authentication, you can actually check your loan balances 24 seven and get your interest credit statements. And that's kind of helpful at the tax season, you know, we all need to provide our documentation to our accountants. And instead of calling FSA or waiting for those business hours, you can do this in the comfort of your own home. So it's available to individual borrowers. Right now we don't have entity borrowers loaded in here, but that is something that the programmers are working on. Again, it's available 24 seven. And it requires that level two E authentication. It gives your to date information on all your loans for the past five years. And it allows you to view paid in full and restructured notes and then tracks transactions as well as payments. So here's just a screenshot of how it would look if you with your level two signed in. And you can see right away, there's green and red on the screen. So it's a good indicator to know which notes are past due and which notes are on schedule. So in this case, red is past due. And you can see here, it gives you a complete view of all of your loans with FSA. So this is an account view. And then you can see if you pull down on that little down carrot, it will give you information about your interest rate, the installment that was due and the amount that's due. And then also there's that total payoff amount. And that's for your entire account with FSA. So it summarizes all of your loans and puts them into that that total payoff. Again, we encourage you to check with FSA just in case there's been a little hiccup with our accounting systems, but generally these are spot on but it gives you a great estimate of what you can be looking for to pay off your loan. And then at the bottom, there's that take a look at that earned income. I'm sorry, interest paid statement. And you click on that link. And it will bring you to this next screen where it's going to detail your loans. And then it will give you the option to pick this year or the past five years. And then you have you can print that off. So for some of you that are thinking, Hey, this is a great idea. How do I get there? So you sign up for your level E off just by going to farmers.gov. And then in the top right hand corner, you'll see this sign in or sign up, you click on that. And if you have your level two, you will simply click on that login at the very bottom of the screen there. If you don't, you just continue to scroll down on that web page. And it will bring you to this and these are instructions that says, you know, we need to check with your service center to make sure you have your proper email or the correct email, I should say, and that we actually have a record for you in FSA. And then from there, you click on this, let's see what's that say, E off account registration page. So you click on that and it brings you to this section where it says, how would you like to register? Hey, you're going to be a customer, you click on that. And then it says, please enter your email address. So you enter your email address, you click submit. And it now sends a little confirmation that says, Hey, we're going to send you an email with additional instructions. So when you get the email, you simply follow the instructions, it's going to tell you, you need to create a password. And then you need to validate your account with FSA. So you take your driver's license, you take maybe have to do this by video for now until the service centers are fully opening. But you just need to take your driver's license with a picture of your smiling face and then be a service center employee will validate that. And within 24 hours, you'll have access to your accounts. So it's pretty easy. Lastly, we're going to talk about FLP servicing during the pandemic. We strive to provide quality service and our offices are open and they are continuing to take applications. I mentioned earlier about the importance of a complete application. And here's the reason why. We are required to process applications in the order in which they were received based on the complete date. So if we both submit applications and yours is complete and mine is not, mine's going to bounce down further on the list. And with our extended timeframes, we now have up to 45 days to get that information to FSA. So it can, it can bog down your timeframe to get your, your loan within 45 days. So it's important to give us all the information you need at that very first time you apply with, with the loan. Again, use farmers.gov to assist in that completion process to know which documents to submit and which forms are required. And then we still require a feasible plan. What that means is you have to have enough cash inflow to pay all of your expenses. And then if you're applying for something other than an operating loan, meaning an annual operating loan, you still have to have a long-term viability operation. So you have to have a typical plan that cash flows as well, not only in your first year, but maybe your second and third years as well. We've also, I'm sorry, we've also been creative if they're with our loan closings. And one of those is by doing video conferencing. And as long as it doesn't require a notary. And we're working right now with the Secretary of State trying to come up with a remote notary system that would allow us to validate your identity and sign everything using this remote notary and getting documents filed electronically. But for now, we still need wet signatures on promissory notes and security agreements. So those can be sent by mail. Once we get those back, we can proceed with loan closing and release funds to you. And then just to be a note here, loan closings are not permitted to be strictly by mail or by use of digital signatures. And all of these are subject to change because we are getting guidance on pandemic updates quite often. So what I say now might be subject to change. We've also relaxed regulations as far as processing timeframes. As I mentioned before, we extended that from 30 days to 45 days. And we are now allowing FSA employees to digitally sign documents and correspondence, which speeds up our time to get notifications to you. And then we're also closing loans so long as the lien can be perfected. We are, if we're not able to do the proper lien search, we're still going to go ahead with those loans as long as we can still perfect our lien. And then as far as servicing delinquent loans, we've extended those timeframes as well. And then we're also temporarily suspending loan accelerations, non-judicial foreclosures, and referring foreclosures to DOJ. And on the guaranteed sign, we're also allowing lenders to self-certify that they are going to be providing you with additional operating for your line of credit advances and also emergency advances on lines of credit. And then, of course, FSA will consider guaranteed loan requests who temporarily defer payments if you cannot come up with a feasible plan. And then same as our servicing, we're putting a temporary stop to some of those foreclosure actions. That's all I have for you today. So any questions on farm loans at this time? Okay. Again, we urge you to contact your local FSA service center. And if you have questions or which if you would like additional information, and then please use that farmers.gov and check that out. And again, thank you for watching. I appreciate your time and stay safe. And thank you. Great. Thanks, Kim. You did a great job. Next we'll have Matt Prenderville provide some comments. All right, everyone, let me I'm going to bring my slides up here and then I'll be with you here in a second. Again, my name is Matt Prenderville. I am a program specialist with FSA in the price support division. And today I'm going to be talking about our commodity loans or what's called the marketing assistance loans and FSSLs, which are the farm storage facility loan that you can apply for. So our marketing assistance loans are the marketing tools that are available to producers beginning upon harvest. So the MAL or the marketing assistance loans, this provides an influx of cash when the market prices are typically at harvest time lows, which allows the producer to delay the sale of the commodity until more favorable market conditions emerge. With many producers use this as an option. It's great for any sort of cash flow that's needed. And like I said, we have very small loans and we also have very, very large loans that producers want to take out on their grain. We offer two different loan types. So I have on there that says CCC, that's the commodity credit corporation, which is the lending arm of FSA. And these two loan types are the non-recourse loans and the recourse loans. Most producers in the state use a non-recourse loan, which this loan can be redeemed by repayment or delivered at maturity to the commodity credit corporation. The recourse loans, those cannot be delivered, but instead those are simply settled by repayment at principal plus interest. So I've got on here a list of the eligible commodities, barley canola, large and small chickpeas, corn, cranberry, dry peas, flax, grain sorghum, honey, oats, mustard, rapeseed, safflower, sesame, soybeans, sunflowers, lentils, wheat and wool. Now in order for a producer to be eligible, they need to be in compliance with all of our conservation as well as the wetland protection requirements. We need to have an acreage report on file and it needs to account for all of the cropland that you are farming. Third main point of eligibility would be that the producer needs to retain beneficial interest in the commodity until loan is repaid or until CCC takes title of that. And we consider beneficial interest as having title and control. Now if there's ever a question on that, oftentimes we'll have either a producer ask or an elevator call or a buyer and say, have we or have not forfeited beneficial interest on this? Has it been given up? And oftentimes the very first step that we'll ask is that you provide the actual contract so that we can then determine if or if not beneficial interest has basically been given up or not. Now for eligible commodities, three main points again here, it needs to be produced and mechanically harvested and in a storeable condition. It must be merchantable for food or feed and it must meet the CCC minimum grade and quality standards for a non-recourse loan. If the producer wants to request a loan, the actual form is a CCC-666 form and this can be submitted to our offices via mail, fax, phone, or even electronically. With every loan request, there is a non-refundable loan service fee that is deducted from each loan at the time of disbursement. So we do have final loan availability dates and we have three separate dates. We have January 31st, March 31st, and we have May 31st. January 31st would be for our mohair, unshorned pelts, and wool. March 31st is going to be for our early harvested crops. So just a few examples, barley, canola, oats, and wheat. And then for our late harvested, it would be May 31st. So corn, dry peas, sorghum, lentils, mustard, etc. So for our loan maturity dates, recently changed is the CARES Act of 2020, which was just recently passed, that allows for non-recourse loans. So remember we have a non-recourse loan, so this only applies to our non-recourse loans that are requested through September of 2020 to have a 12-month loan term. Normally, all of our commodity loans have a nine-month term. So loans requested beginning in October of 2020 will mature the last day of the ninth calendar month after the month in which the loan is dispersed. So what's going to happen is any loan request that's taken in October, those now revert back to a nine-month loan. Now any loans that are requested through September of 2020, every producer does have the option if they want to have just a nine-month loan if they choose not to go with the 12-month. And the coming loan rates, there is a website for that that I have provided on here. And for that, to just keep in mind that loan rates varied by county. So I didn't provide all of those because we would have had a number of slides on here and going in and looking at each one. And some of those rates vary by just a few pennies, maybe up to 25, 35, 40 cents, depending on the actual commodity. So interest rates. The interest rates charged on our marketing assistance loans is set at 1 percentage point above the commodity credit corporations cost of borrowing from the U.S. Treasury. So for our April 2020 interest would be 1.625 percent. So once the loan is dispersed, this rate is fixed except the interest rate for loans that are outstanding on January 1st is actually adjusted to reflect PCC's cost of borrowing on January 1st. So if, say, you as a producer request a loan in November, and it has a nine-month maturity, and you will get November's interest rate, but then come January 1, that interest rate will change to whatever January's rate is, and it will remain at the January rate through the term of the loan. So with the recent COVID activity and everything that's going on, we are advising all of our county offices when it comes to social distancing that when it comes to conducting all the farm visits, this would be when it's requested by the producer to measure quantities for loan, or if we do need to go out and perform a routine spot check of existing outstanding loan quantities. So if that happens, we have adopted the following actions to take place during one of these scheduled farm visits. The FSA employee will contact the borrower, and at this time no forms require any sort of signature at the time of the actual visit. We just ask that you please ensure that your bins are unlocked prior to our arrival so that we can go in and, you know, whether it's take a sample or measure, so we can have access to that grain. The borrower will be provided the date of the scheduled visit when we anticipate that we should be there, the vehicle description, and then about how long the actual visit will take. And the county office telephone number will be provided to report any questions or concerns prior to FSA's arrival for the scheduled visit. So we're going to shift gears a little bit and one of the other programs that we administer in the Price Support Division is the Farm Storage Facility Loan Program here. Hang on, I need to take a drink. So our Farm Storage Facility Loan Program, this one, first we're going to talk about the loan terms. And we have terms of three, five, seven, ten, or twelve years. And within those we break them down into three price categories. And if your loan project comes in at $100,000 or less, you have the option of a three, five, or seven-year loan. If your loan comes in between $100,000 and $250,000, you have the option of a three, five, seven, or ten-year loan. And then if it's $250,000 up to $500,000, you have all five-year terms as an option, three, five, seven, ten, or twelve. There is a loan limit of $500,000 per loan. And with that we often have the question that, so I can only have a project that's $500,000 max. Now we've had in the past where you can have multiple loans. So say for instance, you're doing a project that's going to be costing $800,000. In that case, you would apply on two loans. So you would have one loan for $500,000 and you would have a second loan for $300,000. And a producer can have as many loans as they want. It's just each one will be capped at the $500,000. Now for our interest rates, for April this year we have quite low rates for our three-year and our five-year loan terms. It's currently at 0.75%. For our seven and ten-year loans, it's at 1%. And for our 12-year it is 1.125%. And unlike the commodity loans like I talked about earlier, the interest rate remains the same throughout the entire term of the FSFL or the facility loan. So those will stay the same. But keep in mind, our application process will take at least 30 days. So just because you come in in April, you may not necessarily get that April interest rate. So just some more general information on this. There is a $100 application fee per FSFL applicant. There's a required down payment of 15% for the regular FSFL loans. All compliance with NEPA is required. So that would be all of our environmental. And as an applicant, you might show a storage need when the loan is for storage bins. So our FSFL loans for storage bins, dryers, and handling equipment, those carry a six-month loan approval to allow construction to be completed. FSFL loans are closed and funding dispersed following completion of construction. So when the producer comes in, or I should say a borrower, and they want to request the loan, the form that you use in this case would be a CCC 185. And again, that can be submitted by mail, fax, phone, or electronically. Additional documents that will be necessary, such as year construction estimates, permits, lien waivers, etc., those can be submitted by mail or electronically. Eligible equipment. So not only are new and used grain bins eligible, also is portable or any permanently affixed grain handling and drying equipment. Any renovations of existing farm storage facilities are also eligible. Most recently, storage and handling trucks. And then also liquid propane storage tanks, those would be to fuel any grain dryers. What's really crucial from the borrower is, we have three important actions that can't happen before approval. And so, and this can't happen at the actual site of the location. And this has to be before an environmental review is successfully completed and the loan application is approved. So you cannot accept delivery of equipment and or materials. And again, this is at the FSFL site. There can't be any site preparation or foundation construction, because we need to have an environmental sustainable land done. And no alterations to any structures that are 50 years old or older or within a historic district. So again, those are three components that really cannot happen prior to your loan approval. So for our portable structures, our handling equipment, as well as the storage and handling trucks, you must complete that purchase after loan approval. Again, there's a minimum down payment that is required. And FSFL funds are then dispersed to complete the acquisition for the purchase of whether it's, whether it's, you know, the portable structure, you know, say it's a conveyor, say it's a handling truck. So a little bit different when it comes to portable. So security. So the commodity credit corporation requires additional security for FSFL loans when our loan amount exceeds $100,000 or the borrower's outstanding aggregate loan balance exceeds $100,000. So say we have two loans with FSA. If the combination of those two facility loans is above $100,000, that's when we'd be asking for additional security from the borrower. So we have two forms of additional security that can be used. We can ask for real estate. And within that, we ask that CCC's interest in the real estate to be superior to all of the lean holders. So we ask that we're in a first lean position. The second option for additional security is an irrevocable letter of credit. And that letter of credit must cover the entire loan amount for the term of the loan. And that's usually done in conjunction with the credit union or for a bank. Now, if real estate's being used, there's two types of valuations that we can use. We can just use an appraisal, which the appraisal amount needs to come in at at least 100% of the FSFL amount. So for the amount of the project or for the loan amount, I should say. The second is the North Dakota Department of Trust Land Values is what's mostly used. And when using those values, it must be at least 125% of the FSFL amount. So we have two different scenarios that generally happen. So if your facility structure is going to be built on real estate, that's going to be mortgaged to CCC. So say, so you're going to be putting up a grain bin on a quarter of land. And on that quarter, you're also going to be offering that to us as security. The value for the structure that we will give you will actually be 40% of the actual loan amount. On the flip side, if you're offering real estate that's not tied to that grain bin, a value for the structure will be equal to 20% of the loan amount. So we'll still give you credit for that loan amount. However, it's going to be 20% less if it's not located on that underlying security. So again, social distancing. We are required to conduct a site visit at the location of the proposed construction prior to loan approval. And so again, I'm going to go through just a few additional steps that we've adopted so that we can get this done so we can still ensure that these applications can be pushed through so we can continue to work on them. So again, the FSA employees will contact you via phone to discuss the scheduled visit. So again, no forms are required for signature from you at the time of the visit. The borrower will be provided date of the scheduled visit, anticipated time of arrival, as well as the vehicle description and anticipated duration of the visit. Also, the borrower will be provided county office telephone number to report any questions or concerns prior to FSA's arrival for the scheduled visit. And again, no contact is necessary. You as a borrower don't need to be out there with the FSA employee. So again, all of the directions where they need to go and everything else will all be worked out on the phone prior to their arrival. All of our forms, both for commodity loans and facility loans, can be found on the FSA website on the following link I have listed below. Okay. Do we have any questions? Matt, we were going to go ahead and have Brad make a few comments and then we'd double back for questions after that. Oh, okay. Okay. Sorry about that. Oh, no problem at all. So, Brad Thyssen is the Executive Director of FSA in North Dakota. And so, Brad, the floor is yours. All right. Well, thank you, Dave and Miranda for doing this. Matt, can you put up your slide presentation and we'll step through this last slide that we have here to wrap it up. And also, thanks. Yeah, thank you. Sorry, Brad. Sorry, I got to grab one other one and then I'll do it here. Also, thanks to Kim and Matt for presenting on that behalf and just for those that are listening. We appreciate the working relationship that we have with NDSU and we hope that these tools are very beneficial, especially during a time when you can't walk into the office and pick up a pamphlet or you can't get something that by having an actual social interaction. So we're doing our best for social distancing but still getting the information out there for people to see in that. Things that I was going to hit on is the fact that we have GovDelivery is a big thing. Farmers.gov is another website that we can use for making contacts with U.S. producers or U.S. general public to access some of these programs that Kim and Matt have alluded to. And with that, you can access our email addresses for most of our counties. I think Matt, are we getting that up there, Matt? Am I seeing that? I'm having a few technical difficulties. Give me one more try here. Okay, I got it, Brad. You got it? All right. Okay, good. Thank you. All right. So we're down on screen about 82, I think, Matt. Yep. It's populating now, I'm hoping. So right there, 81 actually. So if we starting at 80, it's got the GovDelivery. But I'm just going to glance through these. We have GovDelivery and then farmers.gov, another one like Kim and Matt have alluded to. And then we do not have a loan presence in every one of our offices across North Dakota. We have about 19 service back right there, Matt. Yep. And the bigger dots there will show where we do have loan presence. But that doesn't mean you can't contact your local county office and the smaller ones there. And they will forward on to the service center that will be servicing that county. So the biggest thing is reach out and we'll make sure that we start connecting the dots and get someone officer connected with you. Next slide, Matt. And we'll scroll through these. These will be part of the presentation. These are the counties that have their actual email address on. And that's kind of our new vehicle of communication is that email this county directly and we will get somebody to respond back to you. So that would be your first step. And like I said before, farmers.gov is another way to access these things. Next, and some more communication sources. As we're learning, you know, this coronavirus is putting up new stipulations. One thing I want to mention is if you drive by a service center and you don't see a lot of vehicles out there, that does not mean we're closed. That just means that we're doing our part for social distancing and that we're keeping our employees safe and also keeping our doors locked so that we don't have that interaction with customers right now. But as we're hearing in the news media lately, that things are starting to relax and we're trying to open up business. So stay tuned and we'll get more information out as time moves on. And here you got some contact information. Kim and Ryan are on the direct loans or the guaranteed loans. And of course, Matt and Brian are on our market assistance loans and also on our farm storage loans. Farm storage loans have been a very, very popular tool and like Matt alluded to in his presentation, the interest rates are very, very attractive. The sad part is right now there's not a lot of cash out in the countryside to be building a lot of stuff. But it's a great tool that FSA has and I just want to make sure the public knows about that. So with that, I'm going to kind of wrap it up. Are there any questions from Matt or myself? Yeah, so I have one. Is it possible to refinance a facility loan at all to get lower interest rates that we're seeing? No, it is not. Once you rock in that loan, once you're approved for it, you're approved in the month in which your approval takes place. Great. Thanks, Matt. Another question. Has the deadline to get a loan on our 2019 week been extended past the March 31 deadline? No, those dates are statutory. Those dates are not allowed to change. Under that CARES Act, all that was changed was if a request has been made by that March 31 deadline. So unfortunately, no, those dates can't change. Great. And if there's any more questions, please enter them in the group chat. Just remind everybody that a recording of this video and all the slides will be posted to the NDSU Extension Farm Management webpage. And next week, we'll have the last in this series talking about ARC PLC and acreage reporting. So I'll give you guys just a few seconds here, a last chance to ask any questions. And please take a couple seconds to answer our poll. We have two poll questions. And I'll keep this one open for a couple more seconds before closing it and launching the second one. And if you have any additional comments about the usefulness of today's webinar session, please put those in the chat box. Also, we appreciate any feedback you have. Here's another question. Would it be beneficial to talk to our representatives to get those farm facility loans to be refinanced? Would it be beneficial? Yes. I mean, surely they, you know, you can talk to them as well. I mean, if that's something that they want to go over that avenue, you know, surely it's just not something that we're able to do or have the authority to do within the office. Thanks, Ralph. I'll help a little bit there today. But, you know, these loans have always been at a discounted rate to the general public. I mean, it's one of those things where they've gotten an interest break at the onset, but just what Matt alluded to, the fact that everything's open for negotiations and we're not going to stop anybody from talking to their representative on it. So right now, it's, they're locked for the life of the whole. You bet. And then there is a follow-up to that too. If you've heard any rubblings with the aid packages that something like this might be possible. Well, the CARES Act is, we're writing the rules right now as we speak. Congress has allocated the money and of course now we have to find out the vehicles to get that funds out to producers or out to the general public. So any input is going to be taken into consideration, but that doesn't mean it's going to happen just because you ask. So I think people have to be smart. Asking is a good thing and then expecting it to go your way. That's a whole other game right there, but everybody has their wish list and it's a good time to get that voice right now. Great. Thanks. And seeing that there's no more questions, I'm going to go ahead and wrap it up for today. And again, I just want to thank our speakers, Kim, Matt, and Brad for speaking. You can go to the Farm Management website to check out a recording of this webinar and all the slides. If you get a chance, the poll is very helpful. And again, any comments that other comments you might have, feel free to use the chat. And again, next week at the same time, we'll be talking about ARC, PLC, and reporting. So we'll see you next week.