Small-Business Loan Program opens
Story Date: 4/29/2020

 

Source: MORNING AG CLIPS, 4/27/20

The U.S. Small Business Administration resumed accepting loan applications for the Paycheck Protection Program, April 27, at 10:30 a.m. EDT from approved lenders on behalf of any eligible borrower. Dairy farmers are eligible to apply for the PPP, along with a separate initiative, Economic Injury Disaster Loans, for which the application window is also imminent. Both initiatives are first-come, first-served, and funds are expected to be depleted quickly after Congress replenished them last week.

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