SBA / Treasury FAQ – 35. Are agricultural and other forms of cooperatives eligible to receive PPP loans?

Compliance > CARES Act
Q:  Are agricultural and other forms of cooperatives eligible to receive PPP loans?
 
A:   As long as other PPP eligibility requirements are met, small agricultural cooperatives and other cooperatives may receive PPP loans.12
 
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Footnote:
 
12 Questions 32 – 35 published April 24, 2020
 
 
This Q&A was based on information contained from the Treasury Department’s April 2020 issuance “Paycheck Protection Program Loans, Frequently Asked Questions,” which has been updated from time to time.  This CARES Act / SBA / PPP related issuance may be found here:  https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequently-Asked-Questions.pdf

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