Star of the Little People, Big World reality TV show, Matt Roloff is the recipient of a government loan that will enable him to keep his company, The Roloff Company, from going under. It will also enable him to continue running operations on the family-owned farm, the Roloff Farms.
There is no doubt that all businesses felt the heavy impact of the coronavirus pandemic, so a little help from the government does come in handy.
Little People, Big World Spoilers – Details Of The Paycheck Protection Program (PPP) Loan
It was revealed by a newspaper article that the 59-year-old Little People, Big World star received the loan amount of $53,461 from the Walls Fargo Bank in April last year. The loan was to cushion the effect of the rampaging coronavirus pandemic at the time. The loan was issued as part of the Paycheck Protection Program (PPP) by the United States government.
Matt said the loan will be used to pay the salaries of workers on his farm and ensure the survival of the Roloff Company. Good of you Matt!
The Roloff Farms
The farm belonging to Roloff is located on a 110-acre of hand in Hillsboro, Oregon. It was shown occasionally during the shooting of the TLC series. Among the list of employees of the Roloff Company includes Matt himself, his 56-year-old ex-wife, Amy, and his 30-year-old son, Zach.
Amy is listed as the secretary of the company, while their son, Zach, runs the maintenance and tours section.
The farm was bought by the celebrity couple way back in 1990 for about $185,000, three years after their marriage in 1987.
The Roloff Farms which has a space for holding events usually received up to 30,000 people annually before the outbreak of the coronavirus pandemic. Apart from the space for events, the farm also harbors some fields for sporting events, a kids’ arena, a pirate ship, a treehouse, a castle, and a Halloween pumpkin patch that hosts the popular Halloween party.
The Roloff Farms is a prized asset of Matt, as he intends to build an architectural masterpiece on the land in the nearest future.
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Little People, Big World Updates – Who Has What In The Family Farm
Matt and Amy divorced after three decades of marriage in 2016. After the divorce, Amy sold her shares in the farm business, about 32 acres of land, to Matt for $975,000 in 2019. This was part of the assets sharing agreement reached during the divorce. Despite leaving the house, Amy still has some shares in the family business.
Matt is currently dating the former manager of the family farm, 53-year-old Caryn Chandler.
The Paycheck Protection Program (PPP) was set up by the United States government to help some business pay their staff as at when due during the coronavirus pandemic. The loans issued under the program were funded by the CARES Act (Coronavirus Aid, Relief and Economic Security Act).
The CARES Act was signed into law by former President Donald Trump on the 27th of March, 2020.