COVID-19 Resources: Business or Municipal

News

COVID-19 Update: Changes to FSA Farm Loan, Disaster, Conservation, and Safety Net Programs

access_time Posted on: April 7th, 2020

COVID-19 Update: Changes to FSA Farm Loan, Disaster, Conservation, and Safety Net Programs

Help for farmers

USDA’s Farm Service Agency (FSA) county offices are available by phone to continue helping agricultural producers with loan servicing, program signups, and other important actions. The FSA is also loosening the loan-making process and adding flexibility to servicing loans to provide credit to producers in need.

FSA programs and services include:

  • Farm loans;
  • Commodity loans;
  • Farm Storage Facility Loan program;
  • Conservation programs;
  • Safety net programs (including 2020 signup for the Agriculture Risk Coverage and Price Loss Coverage programs);
  • Disaster assistance programs (including signup for the Wildfire and Hurricane Indemnity Program Plus);
  • Acreage reports.

FSA’s loosening of the loan-making process includes:

  • Extending the deadline to complete farm loan applications;
  • Preparing Direct Loan documents even when closed government buildings prevent complete lien and record searches. (FSA will close the loans when the searches are complete); and
  • Closing loans if the required lien position on the primary security is perfected (even for loans requiring additional security and the lien searches, recordings and filings cannot be obtained because of closed government buildings.

Contact FSA

Customers with an eAuth account can visit the FSA portal (farmers.gov). On this portal, producers can view and track certain USDA loan and program applications and payments, and customers can request conservation assistance, track payments, electronically sign documents, and report completed practices.

Customers without an eAuth account, can create an eAuth account by visiting: farmers.gov/sign-in

Contact County Office

The FSA is encouraging producers to discuss available programs and temporary changes to loan servicing options and deadlines with county offices. For Service Center contact information, visit farmers.gov/coronavirus.

Links for emergency programs from the FSA:

https://offices.sc.egov.usda.gov/locator/app?state=pa&agency=fsa

https://www.fsa.usda.gov/programs-and-services/farm-loan-programs/emergency-farm-loans/index

https://www.fsa.usda.gov/news-room/news-releases/2020/fsa-makes-changes-to-farm-loan-disaster-conservation-and-safety-net-programs-to-make-it-easier-for-customers-to-conduct-business

CGA’s latest blog posts.

COVID-19 Update: SBA Released FAQs Today Regarding PPP Loan Forgiveness

PPP Loan details and forgiveness The SBA just released additional guidance on Paycheck Protection Program (PPP) Loan forgiveness in the form of Frequently Asked Questions and answers. The PPP resumed accepting applications July 6, 2020, and will continue until August 8, 2020. The SBA will forgive loans if the funds are used for employee retention and…

Continue Reading COVID-19 Update: SBA Released FAQs Today Regarding PPP Loan Forgiveness

COVID-19 Update: YoCo Strong Restart Fund for Small Business & Nonprofit Support

Applications open week of August 24 and will remain open for 10 days. The York County Commissioners voted to use a portion of the  Coronavirus Aid, Relief and Economic Security (CARES) Act funding to support YoCo Strong Restart Fund, a small business and nonprofit organization grant program. The County allocated $4 million for nonprofit organizations and…

Continue Reading COVID-19 Update: YoCo Strong Restart Fund for Small Business & Nonprofit Support

Leave a Comment

Your email address will not be published. Required fields are marked *