Paycheck Protection Program: A Moving Target for Farmers (Information as of April 2, 2020)

Chris has a conversation with Andy Roach, Business Banker at Kerndt Brothers Bank in Cedar Rapids, Iowa.  They discuss the Paycheck Protection Program and it’s application for farming operations.  There is a lot of confusion around the SBA loan, so Chris and Andy discuss eligibility and specifics around the program.  Be sure to contact your lender/CPA with specific questions as it relates to your individual farming and business operations.  This information is to the best of our knowledge currently, as some specifics may yet still change.