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WHO IS ELIGIBLE FOR A PPP LOAN?
You are eligible for a PPP loan if you have 500 or fewer employees whose principal place of residence is in the United States, including nonprofits, veterans organization, tribal concerns, self-employed individuals, sole proprietorships, and independent contractors, or are a business that operates in a certain industry and meet the applicable SBA employee-based size standards for that industry. In addition, your business must meet current Farm Credit eligibility requirements to obtain funding from a Farm Credit institution.
HOW DO I DETERMINE THE SIZE OF A LOAN I'M ELIGIBLE FOR?
WHO DO I CONTACT IF I'M INTERESTED IN APPLYING FOR AN SBA PPP LOAN THROUGH FARM CREDIT OF THE VIRGINIAS?
Contact your loan officer or call us at 1-800-991-FARM (3276) to indicate your interest.
HOW DO I APPLY FOR LOAN FORGIVENESS?
FOR MORE INFORMATION
To learn more about the Paycheck Protection Program, please visit the Paycheck Protection Program section of the Small Business Administration website.
Credit subject to approval. Terms and conditions apply. This is not a commitment to lend. Program, rates, terms, and conditions are subject to change without notice. Subject to Small Business Administration (SBA) guidelines, approvals and guarantees. This document is intended to convey general information only and not to provide legal advice or opinions.