This summer, the U.S. has faced its worst drought in over 50 years. Farmers and other small businesses that depend on the weather, are facing financial hardships because of it.
The U.S. Department of Agriculture (USDA) declared drought disaster areas in nearly half of the nation’s counties last week (see July 23, 2012 USDA map below).
This means that agriculture businesses and other drought-affected businesses in those 1,430 counties, which reach across 32 states, can apply for financial assistance from either the USDA or the U.S. Small Business Administration, depending on the type of business:
