Bank Of Elgin

 

USDA subsidy information for Bank Of Elgin

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$79,888
Total Disaster Programs$2,122

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Commodity Programs$79,888
Market Facilitation Program (MFP)$27,118
    Market Facilitation Program Payment (MFP) - Non-specialty crops$27,118
Agricultural Risk Coverage (ARC) Program$17,091
    Agricultural Risk Coverage County Payment (ARC-CO)$10,107
    Agricultural Risk Coverage Individual Payment (ARC-IC)$6,984
Price Loss Coverage Program (PLC)$35,679
    Price Loss Coverage Program Payments (PLC)$35,679

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Disaster Programs$2,122
Wildfires and Hurricane Indemnity Program Payments$2,122
    Wildfires and Hurricane Indemnity Program Payments - Milk Loss$2,122
 

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