The latest economic stimulus package includes funding for small business loans. North Dakota Senator Kevin Cramer says farmers and agribusinesses could be eligible. “Farmers and ranchers can go to their banker, borrow up to two and half times your payroll; up to $10 million and the loans are 100 percent guaranteed by the government,” says Cramer. “These will be administered by a farmer’s current lender. Eligibility for the loans are small businesses including sole proprietors, independent contractors and self employed individuals.”
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