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NE Iowa | USDA just released the details on CFAP2. This will be a program separate from the first CFAP and will have separate payment limits of $250,000 per entity per person. If you farm as an LLC, corporation or other limited entity, you can qualify for up to two additional limits or $750,000 in total if as least three owners provide directly or indirectly more than 400 hours of active personal labor or active management. In some cases, you will have to prove to the local office the number of hours.
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Cfap 2.0?
