The U.S. Small Business Administration (SBA) has provided $200 billion in emergency funding to business, nonprofits and agricultural producers in the wake of the COVID-19 pandemic. On Friday, Feb. 12, the federal agency announced that it hit the $200 billion…
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SBA Extending Economic Injury Loan Coverage to Agricultural Businesses
by Tyler Haleby Tyler HaleThe U.S. Small Business Administration (SBA) will be extending economic injury loan coverage to agricultural businesses impacted by the COVID-19 pandemic. SBA Administrator Jovita Carranza announced that agricultural businesses are now eligible for the agency’s Economic Injury Disaster Loan (EIDL)…