Financial aid for farms
There are financial assistance programs for farmers weathering the COVID pandemic — certain qualifications apply.
CORONAVIRUS FOOD ASSISTANT PROGRAM
There is an opportunity for 180-day deferred payment for USDA RD guaranteed loans -https://www.rd.usda.gov/sites/default/files/USDA_RD_SA_COVID19_Guarantee_Loan_Deferral_Payments03312020.pdf
The federal Small Business Administration has its Paycheck Protection Program Loans (PPPL) - https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp
CARES ACT BENEFITS
The Arkansas Farm Bureau has a link to CARES Act Benefits for Agriculture on their page -https://www.arfb.com/uploads/resources/documents/cares_act_ag_benefits.pdf.
SBA’s ECONOMIC INJURY DISASTER LOAN - EIDL
Farms are eligible for EIDL, an emergency loan advance - https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/economic-injury-disaster-loan-emergency-advance
USDA COVID-19 FEDERAL RESOURCE GUIDE