Here are resources for agricultural businesses. There is funding for ownership, operation, and food distribution. This information will be helpful for agricultural businesses and entities that distribute food to those in need.
Description: USDA is implementing updates to the Coronavirus Food Assistance Program for producers of agricultural commodities marketed in 2020 who faced market disruptions due to COVID-19. This program is part of a larger initiative to improve USDA pandemic assistance to producers.
Eligibility: The U.S. Department of Agriculture will provide additional financial assistance to farmers, ranchers, and producers impacted by COVID-19 market disruptions.
Dates: Application for Coronavirus Food Assistance Program opened April 5, 2021 and will run at least 60 days. Closing date will be announced at a later time.
Description: Up to $50,000 for a farm ownership loan. Up to $50,000 for an operating loan. Combined max of $100,000.
Eligibility: New, niche, and small to mid-sized family farm operations.
Closing Date: None
Description: The program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Agricultural producers may also apply for new energy efficient equipment and new system loans for agricultural production and processing.
Eligibility: Agricultural producers with at least 50 percent of their gross income coming from agricultural operations. Small businesses in rural areas with a population of 50,000 or less. Closing Date: Applications for Grants of $20,000 or Less and Loan/Grant of $20,000 or Less Combo due by Nov. 2, 2020, or March 31, 2021.
Applications for Unrestricted Grants or Loan/Unrestricted Grant Combo due by March 31, 2021.
Guaranteed Loans are accepted on a continuous cycle.
Description: The Farm Loan Discovery Tool can help you find the right loan for you.
Eligibility: Various farm entities.
Closing Date: Ongoing
Description: This program offers loan guarantees to lenders for their loans to rural businesses and agricultural producers to supplement their working capital to prevent, prepare for and respond to the economic impacts of the coronavirus.
Eligibility: Lenders need the legal authority, financial strength, and sufficient experience to operate a successful lending program. Includes federal or state-chartered banks, savings and loans, farm credit banks and credit unions. All borrowers must have been in operation on February 15, 2020.
Closing Date: Sep 15, 2021