2021 Spring Farm

2021 Logan County Farm Outlook LINCOLN DAILY NEWS March 18, 2021 Page 23 The PPP has undergone constant change since its initial creation last year. According to the US Small Business Administration, the most recent changes: “Allow sole proprietors, independent contractors, and self-employed individuals to receive more financial support by revising the PPP’s funding formula for these categories of applicants; eliminate an exclusionary restriction on PPP access for small business owners with prior non-fraud felony convictions, consistent with a bipartisan congressional proposal; eliminate PPP access restrictions on small business owners who have struggled to make student loan payments by eliminating student loan debt delinquency as a disqualifier to participating in the PPP; and ensure access for non-citizen small business owners who are lawful U.S. residents by clarifying that they may use Individual Taxpayer Identification Number (ITIN) to apply for the PPP.” WHIP+ stands for Wildlife and Hurricane Indemnity Program Plus, and is an extension of the original WHIP. The WHIP+ program offers financial payments to agricultural producers who lose products due to hurricanes, wildfires, and other qualifying natural disasters. WHIP+ covers losses of crops as a result of disaster events; milk losses due to poor weather; and losses of stored commodities. [Derek Hurley] Sources Agricultural Management Assistance ARC/PLC Program Beginning Farmer and Rancher Development Program (BFRDP) Coronavirus Food Assistance Program- Additional Assistance COVID-19 Economic Injury Disaster Loans Frequently Asked Questions 2501 Program Market Facilitation Program Paycheck Protection Program USDA Foreign Agricultural Service Wildfire and Hurricane Indemnity Program Plus WHIP+