- Published: Tuesday, 05 May 2020 14:30
The United States Small Business Administration has reopened the application process for the Economic Injury Disaster Loan COVID-19 related assistance program after a short delay.
Farms with fewer than 500 employees whose primary activity is breeding horses may now apply for these loans offered to businesses that have suffered economic hardship as a result of the coronavirus pandemic.
The Thoroughbred Horsemen's Association and National Thoroughbred Racing Association lobbied the SBA for several weeks after farms were excluded from earlier federal emergency aid packages. On April 24, President Trump signed into law another package providing relief to small businesses, including farms and ranches.