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Financial aid for farms

There are financial assistance programs for farmers weathering the COVID pandemic — certain qualifications apply. 

CORONAVIRUS FOOD ASSISTANT PROGRAM

Coronavirus Food Assistance Program | Farmers.gov: Resources for Farmers and Producers

DEFERRED PAYMENT

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

PAYCHECK PROTECTION

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

https://www.rd.usda.gov/sites/default/files/USDA_COVID-19_Fed_Rural_Resource_Guide.pdf

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