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If you recall the Small business Association indicated that the COVID 19 government relief program, EIDL was not available to farmers. Through conversations and persistence, the change has come so farmers
CAN apply for this program. I’m sure timeliness is of the essence. The bill should be signed this afternoon but if interested plan to attend one of the 2 upcoming webinars, on Monday and Wednesday. The registration link is below:
Economic Injury Disaster Loan (EIDL) program for Farmers and Ranchers Affected by COVID-19
Farmers and ranchers will soon be eligible for Economic Injury Disaster Loans, in anticipation of the $484 billion aid relief bill passing the House and being
signed into law this week. The EIDL program provides an emergency grant of up to $10,000 for small businesses suffering a loss of revenue because of COVID-19. We'll discuss the specifics of eligibility and how to submit an application through the Small Business
Administration. Issues with how the program has performed over the past few weeks will also be in the discussion. This is a valuable opportunity, especially for farms unable to receive a Paycheck Protection Program forgivable loan. We will discuss how EIDL
works with other relief options, too. (This webinar is in anticipation of the $484 billion aid relief bill passing the House and being signed into law this week.)
Monday, April 27th
4pm Eastern, 3pm Central, 2pm Mountain, 1pm Pacific
Register
in advance for the Monday, April 27th date at this link.
Also, the same webinar will be held on
Wednesday, April 29th
4pm Eastern, 3pm Central, 2pm Mountain, 1pm Pacific
Register
in advance for the Monday, April 29th date at this link.
After registering, you will receive a confirmation email containing information about joining the webinar. This webinar will be recorded and available on demand for those that cannot attend or if we reach capacity:
Just click the registration link at any time to watch the recording. We will also live stream the event over Facebook.
As always, be in touch with questions and issues about the legal aspects of farming during COVID-19. If you aren't familiar with Farm Commons, we are a nonprofit organization dedicated to empowering farmers to
resolve their own legal vulnerabilities within an ecosystem of support.
Check our website and
podcast for more information about farm law and COVID-19.
Thank you and best of health to everyone,
-Rachel
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Rachel Armstrong
Founder and Executive Director
Vicki Morrone
Organic Farming Specialist
Center for Regional Food Systems at Michigan State University
480 Wilson Rd
East Lansing, MI 48824
517-282-3557 (cell)
sorrone11 (skype)