On Tuesday, July 20, the U.S. Department of Agriculture (USDA) announced it would provide up to $200 million in relief funds for timber harvesting and timber hauling businesses that have experienced losses due to COVID-19.
Loggers and truckers can apply for assistance from July 22 through Oct. 15, 2021. To be eligible for the assistance money, timber harvesting and hauling businesses must have experienced a gross revenue loss of 10% or more between Jan. 1 and Dec. 1, 2020, compared to the period of Jan. 1 to Dec. 1, 2019.
A further explanation of the available financial assistance, complete with program details and application instructions, can be found on the USDA’s website.
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