Top Ag Companies that Participated in SBA’s Paycheck Protection Program

According to the Small Business Administration’s Paycheck Protection Program (PPP), 3,185 businesses in the “Farm and Garden Machinery and Equipment Merchant Wholesalers” (NAICS classification 423820) received a total of $637.77 million in 2020 PPP loans from the U.S. Small Business Administration. PPP recipients in this segment report an average of 17 employees an average loan of $200,241.

Separately, 1,668 businesses in the “Farm Machinery and Equipment Manufacturing” industry (NAICS 333111) received a total of $395.52…

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