Closing Market Report

Farmers and the Paycheck Protection Program


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Thursday, April 23, 2020, the House passed the Paycheck Protection Program and Health Care Enhancement Act. The $484 million dollar measure allocates additional funds for disbursement via the Small Business Administration. The Senate has already passed the bill. President Trump is expected to sign it. Bob Rhea (ray) of the Illinois Farm Business Farm Management Association says some farmers should be able to apply for the government-backed SBA loans.
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Closing Market ReportBy Todd E. Gleason

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