USDA Business & Loan Guarantee Program
Opportunity Type: Loans and Loan Guarantees
Funder Type: Federal Government
Funder: USDA Approved Lenders
Geography: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Puerto Rico, Rural, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin
Guarantees loans for up to $10 million for economic development and/or environmental projects in rural communities for a wide range of purposes, including healthy food retail, in rural communities as defined by USDA. The maximum percentage of guarantee is 80 percent for loans of $5 million or less, 70 percent for loans between $5 and $10 million, and 60 percent for loans exceeding $10 million.