| Year Program Established: |
| Eligibility Requirements or Restrictions |
| Open to: Banks, savings and loans institutions, farm credit banks, credit unions. Businesses receiving loan guarantees must be in rural areas with populations of 50,000 or fewer. (Lenders can be located anywhere in the U.S.)
Terms and Conditions: : Loan terms negotiated between the lender and the borrower, not to exceed 40 years. Maximum loan amount is $25 million. |
| Application Deadline: Rolling basis |
| Application Guidelines: |
| Funding Cap Per Application or Fiscal Year Program Funding: |
| How Must Funds Be Used: |
| Funds can be used for business expansion, acquisition, modernization, purchase and installation of machinery and equipment, supplies or inventory. Debt refinancing, with certain restrictions, and working capital. |