Ag groups call for PPP changes
Story Date: 2/26/2021

 

Source: Katie Micik Dehlinger, PROGRESSIVE FARMER, 2/24/21

A coalition of 35 agriculture groups is urging Congress to work with the Small Business Administration (SBA) to ensure farm partnerships and limited liability corporations have the same access to the Paycheck Protection Program (PPP) that's granted to sole proprietors. The letter -- which was signed by all major commodity and farm organizations as well as the Farm Credit Council, cooperatives, banks and other agribusinesses -- argues that excluding farm partnerships and LLCs produces disparate results based solely on farm structure, not need, and misinterprets Congress' intent.

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