USDA just released the RFP for the food box distribution program, which is being implemented as part of the Coronavirus Farm Assistance Program. NASDA is currently reviewing the document and will provide additional updates as needed.
In addition, this afternoon President Trump signed the Paycheck Protection Program and Health Care Enhancement Act into law. The bill provides $310 billion in funding for the Paycheck Protection Program and makes agricultural enterprises eligible for the Small Business Administration’s (SBA) Economic Injury Disaster Loan (EIDL) program. Please note that unlike PPP, applications for the EIDL program are made directly to SBA.
A few additional points to note:
- For the EIDL application page please CLICK HERE.
- Any small business with fewer than 500 employees is eligible to apply—this program is inclusive of sole proprietorships, self-employed individuals, and private contractors.
- The EIDL advance program will issue grants of up to $10,000 that do not need to repaid. Funds will be awarded on a first-come, first-served basis.