The long-lasting impact the coronavirus will have on rural America has many concerned. Unstable markets have many experts concerned the trend of farm bankruptcies will continue to move higher. And while federal aid for farms and small businesses is available it’s important to be diligent when applying and watch out for fraud.


“From direct payments, food purchases, loans, and more, the federal government is stepping in to help," said the AARP's Sean Voskuhl. "However, with any federal program, fraudsters are lining up to try and take your share. That’s why it’s always important to be vigilant and make sure your sharing your or your farms information with the proper authorities.”


When applying for aid through the Small Businesses Administration, Voskuhl said rural Americans need to be.


“Be vigilant and use the right resources to apply for your loan. Go to SBA.gov for small business guidance and loan resources. Also, take the right steps to make sure you use the funds appropriately. The Paycheck Protection Program loans can be forgiven if 75% or more of the loan proceeds are used to pay employees for the eight weeks following receipt of the funds.”


Voskuhl added its important for farmers and rural business owners to be diligent when contacted about some kind of COVID-19 aid.


“No one from the government is going to call you to offer you relief funds," Voskuhl added. "And, in general, you should never give out personal or sensitive business information over the phone. Seek help from reliable and trusted advisors if you need assistance navigating federal aid programs or visit farmers.gov for USDA resources. Most importantly, make sure you are taking steps to keep you, your family, and your employees safe and healthy.”


Click Here for additional coronavirus tips from the AARP.


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