Little People, Big World star Matt Roloff got his farm through pandemic with $ 205,000 government loan
LITTLE People Big World star Matt Roloff kept his famous farm operating during the pandemic with a government loan of $ 205,000, The Sun reports.
Matt, 59, a wise daddy, has managed to keep his 110-acre Roloff Farms in operation over the past year despite the coronavirus pandemic that has devastated tens of thousands of similar U.S. businesses.
A public document online obtained by The Sun shows on April 20, 2020, Roloff Farms, Inc of Milton Freewater, Oregon, obtained a loan from Baker Boyer National Bank’s Paycheck Protection Program (PPP) for $ 205,913.
The information indicates that all this money was used for the payroll of the 28 employees of the farm.
Without a crystal ball, Katie Joy first reported Matt’s $ 205,000 loan.
Matt’s son Jeremy, whom he shares with his ex-wife Amy, also took out a loan of $ 53,841 for his company The Roloff Company, according to records.
The Sun has reached out to the farm and Little People, the makers of Big World TLC for their comment.
Fans of the TLC show know how hard Matt and his staff work to keep the farm running year round.
It would be visited by at least 30,000 people a year the times it is open to the public and its Halloween Pumpkin Patch event is incredibly popular.
Patriarch Roloff, who has four grandchildren, has a good reason for wanting to save the family farm.
Not only does he dream of passing the farm on to his children and grandchildren, but he recently revealed architectural plans to build his “dream house” on the property.
The reality TV star has been busy for the past few months undergoing various construction work on the farm, including the construction of a new log cabin.
Matt also owns a home in Arizona that he shares with his longtime girlfriend and former farm manager Caryn Chandler, 53, who he has dated since 2017 after working with her for the better part of the decade.
His PPP lending know-how also benefits his ex-wife Amy, 56, who still shares ownership of part of the property and business and is listed as a “secretary” on official documents.
Matt and Amy, who married in 1987 and separated in 2016, bought the farm as an upper back repairman in 1990 for just $ 185,000.
The Sun recounted how she finally left the farm in February of last year and sold her 32 acres of the farm to Matt last August for $ 975,000.
Amy has also moved on with her fiance, real estate agent Chris Marek.
It’s unclear if the talks about the PPP loan make this one of the next episodes of Little People, Big World.
LPBW, which debuted in 2006, is also one of the longest-running reality shows on television, even surviving Keeping Up With The Kardashians.
The first round of the PPP was a $ 953 billion government loan funded under the Coronavirus Aid, Relief and Economic Security Act (CARES) and distributed through bank loan applications from major lenders.
It was promulgated by President Trump on March 27, 2020, and aimed to help struggling businesses and prevent massive layoffs of employees.
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To receive the money, the companies had to show a loss and prove some hardship due to the pandemic.
The complicated paperwork alone would have prevented many businesses from applying for the forgiveness loan.
UPDATE: An earlier version of this story incorrectly stated that Matt Roloff took out a $ 53,000 loan for The Roloff Company, which is actually owned by his son Jeremy.