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U.S. Farm Groups Fight for Access to Virus Small Business Loans

  • Applications for economic disaster loans prohibit farms
  • Agriculture groups claim eligibility under stimulus law
Bloomberg business news
Lawmakers Weigh Another Rescue Fund

American farm groups are fighting for access to a small business disaster loan program expanded in response to the Coronavirus outbreak, arguing they’re being unfairly excluded.

The American Farm Bureau Federation and 30 other agricultural organizations wrote the Small Business Administration objecting to a prohibition on the application form for Economic Injury Disaster Loans barring farms and most other agricultural businesses from participating.