CFAP: $250,000 Might Really Mean $200,000
By Paul Neiffer
Ag Web
The Coronavirus Feed Assistance Program (CFAP) allows for payments up to a limit of $250,000 per entity/owner (or $500,000 or $750,000 for limited entities with three active owners).
However, the first initial payment is capped at 80% of the total estimated damages and we now hear that the payment limit will also be capped at 80% on the first payment.