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Paycheck Protection Program

4/15/2020

During this unprecedented time, Farm Credit of Northwest Florida is here for our members and local rural communities. We are now accepting applications for the Small Business Administration (SBA) Paycheck Protection Program (PPP). 

AM I ELIGIBLE FOR A PPP LOAN THROUGH FARM CREDIT?

You may be eligible for a PPP loan if you have 500 or fewer employees whose principal place of residence is in the United States, including nonprofits, veteran organizations, tribal concerns, self employed individuals, sole proprietorships and independent contractors, or are a business that operates in certain industries and meet the SBA employee-based size standards for that industry. In addition, to obtain a PPP loan through Farm Credit, the business for which you are seeking the funds must meet Farm Credit eligibility requirements by being an agriculture operation or a business related to agriculture.  In the event your business does not meet eligibility qualifications to make an application through Farm Credit, you can use the SBA website to find another lender partnering with SBA to offer PPP Loans. 

To learn more about program eligibility and other details please visit here. 

If you are interested in applying for a PPP Loan and are eligible for Farm Credit financing, please contact Daniel Neely at DNeely@FarmCredit-FL.com or call (850) 557-5330.