The Farmer will provide the Lender with a bill or request for payment. The Lender will make the payment to the supplier on behalf of the Farmer. Hired or contracted labor costs incurred by the Farmer which are directly related to planting or harvesting of the agricultural commodity can be disbursed directly to the Farmer.
Ineligible disbursements will not qualify for the guarantee (refer to Eligibility Chapter, Eligible Use of Proceeds for a list of eligible expenses).
The proceeds of the CROP loan must be disbursed on or before December 31 of the year in which the CROP loan was originated.
