First Guaranty Bank

 

USDA subsidy information for First Guaranty Bank

EWG has identified this recipient as a bank or lending institution that received the payment because the payment applicant had a loan requiring any subsidy payments go to the lender first. In 2019, the information provided to EWG by USDA began to include the entity that received the payment, rather than the person or entity that applied for it, which was previously provided. This move to shield subsidy recipients from disclosure enables USDA to further evade taxpayer accountability. Six percent of subsidy dollars went to banks, lending institutions, or the Farm Service Agency.

Payment Breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Commodity Programs$6,545,685
Total Disaster Programs$1,531,339

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Commodity Programs$6,545,685
Coronavirus Food Assistance Program - Round 1$578,677
    CFAP Round 1 Payments$568,434
    CFAP Round 1 - Top up payment for cattle$10,243
Coronavirus Food Assistance Program - Round 2$683,269
    CFAP Round 2 Payments$416,123
    CFAP Round 2 - Top up payment for acreage based commodities$267,146
Market Facilitation Program (MFP)$498,880
    Market Facilitation Program Payment (MFP) - Non-specialty crops$498,880
Agricultural Risk Coverage (ARC) Program$150,249
    Agricultural Risk Coverage County Payment (ARC-CO)$150,249
Price Loss Coverage Program (PLC)$4,634,610
    Price Loss Coverage Program Payments (PLC)$4,634,610

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Disaster Programs$1,531,339
Total Emergency Relief Program$15,757
    Emergency Relief Program (ERP) - Phase 1 Non-specialty Crops$15,757
Wildfires and Hurricane Indemnity Program Payments$914,478
    Wildfires and Hurricane Indemnity Program Payments - Milk Loss$914,478
Livestock Forage Disaster Program$27,476
    Livestock Forage Disaster Payments$27,476
Miscellaneous Disaster Programs$425,684
Emergency Livestock Assistance Program (ELAP)$147,944
    Emergency Livestock Assistance Program Payments (ELAP)$147,944
 

Farm Subsidies Education

AgMag