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Ag producers eligible for SBA Paycheck Protection Program

Apr 05, 2020

Agricultural producers are eligible to participate in the Paycheck Protection Program and should reach out to their bankers and/or agricultural lenders to apply, according to an interim final rule released by the Treasury Department and Small Business Administration.

While SBA still needs to confirm some administrative details, loans will be provided on a first-come, first-served basis and producers can get started on the application now.

For a top-line overview of the PPP program, visit https://tinyurl.com/wz6bwbg.

For information for prospective borrowers, visit https://tinyurl.com/t6ytn6w.

For an application for borrowers, visit https://tinyurl.com/vxyy3m4.

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