State Exchange Bank

 

USDA subsidy information for State Exchange 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 1995-2021
Total Commodity Programs$859,329
Total Disaster Programs$28,016

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Commodity Programs$859,329
Coronavirus Food Assistance Program - Round 2$6,587
    CFAP Round 2 - Top up payment for acreage based commodities$6,587
Market Facilitation Program (MFP)$255,925
    Market Facilitation Program Payment (MFP) - Non-specialty crops$255,925
Agricultural Risk Coverage (ARC) Program$186,143
    Agricultural Risk Coverage County Payment (ARC-CO)$186,143
Price Loss Coverage Program (PLC)$410,674
    Price Loss Coverage Program Payments (PLC)$410,674

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Disaster Programs$28,016
Livestock Forage Disaster Program$28,016
    Livestock Forage Disaster Payments$28,016
 

Farm Subsidies Education

AgMag