USDA has announced the Pandemic Assistance for Timber Harvesters and Haulers program (PATHH). PATHH provides up to US$200 million to support timber harvesting and timber hauling businesses that experienced a loss of at least 10% gross revenue from 1 January through 1 December 2020, compared with the same period in 2019. Source: Timberbiz
Individual loggers, truckers, or legal entities may be eligible for up to $US125,000 in financial assistance through this program.
Eligible program applicants will receive up to two PATHH payments based on the following payment calculation, where both years reflect gross revenue from 1 January 1 through 1 December.
FSA will issue an initial payment of no more than US$2,000 shortly after application approval. A final payment will be made after the signup period ends to applicants whose expected total payment exceeds US$2,000. The sum of both payments will not exceed US$125,000, and USDA may prorate final payments if total calculated payments nationally exceed the $200 million in funding allocated for PATHH.
