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CRA - Logging Company a Small Farm Loan?

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Are logging companies considered small farm loans for CRA?

Loans for forestry purposes are reported as small farm and logging and forestry are grouped together for NAICS purposes. If the company doing the logging raises the trees, I would report it as small farm. If it is a firm that just goes in and logs in forests owned and cared for by other firms, I would be more inclined to call it small business, as there is no agricultural aspect to what they do.

First published on 5/04/09

First published on 05/04/2009

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