Business and Industry Loans Grants

What is the Aim of Business and Industry Loans Grants?

The purpose of the B&I Guaranteed Loan Program Grant is to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rural communities.

Who are Eligible to Apply for Business and Industry Loan Grants?

The Business and Industry Loan Grants applicant may be a cooperative organization, corporation, partnership, or other legal entity organized and operated on a profit or nonprofit basis; an Indian tribe on a Federal or State reservation or any other Federally recognized tribal group; a public body; or an individual.

How to Apply for the Business and Industry Loan Grants?

A complete set of documents containing such items as credit reports, financial statements, and appraisals are required as part of the application for the Business and Industry Loan Grant. Applications are funded on a first-come first served basis according to priority points procedures.

For more information on the Business and Industry Loan Grants, contact:

Headquarters Office
B&I Processing Branch, 1400 Independence Ave SW, Stop 3224, Washington, District of Columbia 20250-3224
Phone: (202) 690-4103.
Web Site Address: http://www.rurdev.usda.gov

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