USDA to Provide $1 Billion in Loan Guarantees for Rural Businesses and Ag Producers
U.S. Department of Agriculture
May 22, 2020
U.S. Secretary of Agriculture Sonny Perdue announced the Department is making available up to $1 billion in loan guarantees to help rural businesses during the coronavirus pandemic. Also announced that agricultural producers not eligible for USDA Farm Service Agency loans may receive funding under the USDA Business & Industry (B&I) CARES Act Program.
Emergency preparedness and response · Funding · Infectious diseases · Policy