A Summary of COVID-19 Pandemic Assistance to US Forest Products Companies

ABSTRACT

Forest products and timber harvesting businesses were severely affected by the COVID-19 pandemic. This article describes how forest products companies used Paycheck Protection Program (PPP) loans to keep over 487,000 workers in the forest industry on payroll through the pandemic. This article also summarizes the Pandemic Assistance for Timber Harvesters and Haulers (PATHH) program, payments provided to timber harvesting and hauling businesses that experienced losses in revenue in 2020. Timber harvesting and hauling companies that received a PATHH payment reported US$1.27 trillion in total revenue lost between 2019 and 2020 because of the COVID-19 pandemic. © 2022 Forest Products Society. All rights reserved.