Maple Syrup Producers are Eligible for SBA Economic Injury Disaster Loans (EIDL)

April 8, 2020


Katelyn Parsons

Maple syrup producers are eligible for SBA Economic Injury Disaster Loans (EIDL).

This program features a $10,000 immediate loan advance that does not require repayment.

Maple syrup producers that package, wholesale and/or retail their product are qualified for this EIDL program and should not identify themselves as “agriculture” if applying (“Agriculture” is not eligible for EIDL). Maple syrup can move ahead as a production business in the application. This makes them eligible for EIDL loans.

Maple enterprises producing sap-only (and other “farming” operations) are not eligible for EIDL loans.

All farms and maple businesses can apply for the SBA Paycheck Protection Program (PPP).

*Information provided by Mark Cannella, Extension Associate Professor, University of Vermont: UVM Extension Agricultural Business Website