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Can schedule F filers get PPP loans
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Nor-C-Ore-Drylander
Posted 1/11/2021 17:15 (#8743051 - in reply to #8741750)
Subject: Farm Parntership/LLC structure & PPP loan eligibility?



North Central Oregon
I have not applied for any of the previous PPP or EIDL loans. Shoot being a wheat grower we didn't even qualify for CFAP1.
Do farm Family multiple partner Parnterships and LLCs even qualify for this round of PPP? The partners are not paid a wage but receive agreed upon, set draws. It seems this structure makes it so these types of Partnerships/LLCs are not eligible for PPP.
Has anyone successfully applied for a PPP loan with this type of Partnership structure?
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