DESCRIPTION: Business & Industry Loan Guarantee Program offers loan guarantees up to $25 million to support rural businesses.  The purpose of the program is to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rural communities; the conservation, development, and use of water for aquaculture purposes; and reducing reliance on non-renewable energy resources through development and construction renewable energy systems.

ELIGIBLE APPLICANTS: For-Profit Businesses; Nonprofits; Cooperatives; Federally-Recognized Tribe; Public Bodies.

AVAILABLE FUNDING AND APPLICATION WINDOW:  Applications are received year-round. The amount of FY 2021 funding has not been announced at this time.

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