Loan Assistance to Boost Economies in Rural America

Loan guarantees are being provided through USDA to businesses in 24 states to help promote job creation and provide economic opportunities. According to an agency press release, funding for the loans is made available through the American Recovery and Reinvestment Act. “These loan guarantees will boost local economies and support job creation, making rural America more competitive for generations to come,” said Agriculture Secretary Tom Vilsack. Review the press release.