Garrett County Government - Department of Business Development

Paycheck Protection Loans Available to Farmers, Regardless of Revenue

Last Updated on Apr 9, 2020 at 1:50pm | Agribusiness

Article courtesy of the American Farm Bureau Federation.
The Small Business Administration's interim final rule for the Paycheck Protection Program confirms the SBA will remove industry-specific revenue thresholds, making agriculture enterprises that employ 500 or less people whose principal place of residence is in the United States eligible for participation in the program, regardless of revenue levels.