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Government Programs

Coronavirus Food Assistance Program (CFAP) - The program provides up to $16 billion in direct payments to deliver relief to America's farmers and ranchers impacted by the coronavirus pandemic. CFAP will provide vital financial assistance to producers of agricultural commodities who have suffered a five-percent-or-greater price decline or who had losses due to market supply chain disruptions due to COVID-19 and face additional significant market costs.

Eligible commodities include:non-specialty crops; wool; livestock: cattle, hogs, and sheep (lambs and yearlings only); Dairy and Specialty Crops. To apply for payments, visit your Farm Service Agency (FSA) office beginning Tuesday, May 26. Learn more about the program. 

Small Business Association Paycheck Protection Program (SBA PPP) - On April 24, the SBA PPP was refunded with $310 billion to help prevent workers from losing their jobs and support small businesses due to COVID-19 disruptions. Visit our SBA landing page for calculator tools and document checklists and contact your loan officer to apply. 

Deferral of Employment Tax Deposits - The Coronavirus, Aid, Relief and Economic Security Act (CARES Act) allows employers to defer the deposit and payment of the employer's share of Social Security taxes and self-employed individuals to defer payment of certain self-employment taxes. Learn more details.

Employee Retention Credit - The Employee Retention Credit is a refundable tax credit against certain employment taxes equal to 50 percent of the qualified wages an eligible employer pays to employees after March 12, 2020, and before January 1, 2021. Learn more about the credit.

Field Notes Blog

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Board Member Spotlight - Bill Jackson

Bill Jackson is a partner in Jackson Farms, a dairy that milks 160 cows and grows corn and alfalfa on 800 acres. He is also president of Jackson Farms 2, LLC, which operates an on-farm processing...

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