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Farmers Bank of NM approved for ‘Preferred Lender Status’

Chris P. Beyerhelm, Deputy Administrator for Farm Loan Programs for the USDA, notified Farmers Bank of Northern Missouri that the bank has been granted Preferred Lender Status for the USDA’s guaranteed farm loan programs.

The Preferred Lender Program (PLP) is a program for elite agricultural lenders who have experience with USDA guaranteed loans. PLP was developed to reward experienced lenders by streamlining and adding flexibility to the loan application and

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