Economist: Farmers must act now to participate in SBA’s Paycheck Protection Program

Economist: Farmers must act now to participate in SBA’s Paycheck Protection Program

An agricultural economist says farmers need to act immediately if they want to take part in the Payroll Protection Program under the CARES Act.

Joy Kirkpatrick with the University of Wisconsin Extension and the Dairy Profitability Center says, “They need to call their lender. If they can’t get a hold of them today, first thing Monday morning, you need to call in and ask that question and start getting that application.”

Kirkpatrick tells Brownfield the 349-billion-dollar emergency program through the Small Business Association might seem well-funded, but it’s running out fast.

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