Department of Agriculture

The Small Business Administration (SBA) has reopened the Economic Injury Disaster Loan program, which provides low-interest, long-term disaster loans specifically for farmers, ranchers and other agricultural operations suffering losses due to the COVID-19 pandemic.

SBA usually excludes agriculture from their loan programs, but the Paycheck Protection Program and Healthcare Enhancement Act makes this disaster loan program possible.

Applications are being taken on a first-in, first-out basis, so those who may be interested in this program should file an application through the SBA portal as soon as possible.

Here is a link to the news release with a link to the application portal: https://www.sba.gov/about-sba/sba-newsroom/press-releases-media-advisories/sba-make-economic-injury-disaster-loans-available-us-agricultural-businesses-impacted-covid-19