Paul Herrington’s work week as a certified appraiser is almost unrecognizable compared to where it was mid-March. Now serving as a primary customer support specialist for the Paycheck Protection Program while also maintaining some appraisal work, Paul’s virtual work week has challenged him to be resourceful as he works to keep Northeast ag moving forward.
The week of April 20, Congress passed another coronavirus aid package that included $310 billion to replenish the Paycheck Protection Program as well as $50 billion for the Economic Injury Disaster Loans (EIDL) and $10 billion for EIDL grants. See the differences in benefits of these two programs.
On April 17, the USDA announced $19 billion in relief programs as a step toward a remedy for supply chains and prices during the COVID-19 crisis. Find a breakdown of support and allocations in today’s blog.
Many producers utilize off-farm jobs to generate additional income and procure benefits such as health insurance and retirement funding. This raises the question, particularly for smaller farms, of how to balance off-farm employment while maintaining a successful operation at home. When deciding whether you can (or should) manage an off-farm job, here’s some things to consider.