| Business
and Industry Guaranteed Loans (B&I Guar.) |
This
program guarantees up to 80 percent of a loan made by a commercial
lender to start or expand a rural business, especially in instances
in which jobs will be saved or created in areas with populations
of less than 50,000.
. . . more details |
| Intermediary
Relending Program (IRP) |
This
program provides
1% loans to intermediaries to establish revolving loan funds
for the purpose of re-lending to small emerging private businesses.
. . . more details |
Rural
Business Enterprise Grants (RBEG)
|
USDA
makes Rural Business Enterprise Grants to public bodies, nonprofits,
and Native American tribes to encourage the development of small
and emerging private business enterprises in rural areas.
. . . more details |
Rural
Business Opportunity Grants (RBOG)
|
Grants
from this program provide for technical assistance, training,
and planning activities that improve economic conditions in
rural areas.
. . . more details |
Rural
Economic Development Loans/ Grants (REDL & REDG)
|
These
loans/grants are provided to USDA-financed telephone and electric
cooperatives to establish revolving loan funds or single purpose
loans for businesses/job creation and community development
in rural areas. Recipients receive 10 year, zero interest loans.
. . . more details on loans
. . . more details on grants |
Value-Added
Agricultural Product Market Development Grants (VADG)
|
This program was
amended by the 2002 Farm Bill. Both applicant and activity
eligibility were expanded. To assist in applying, follow the
link below to the National Rural Business-Cooperative Service
website or contact this state office.
. . . more
details
|
Contact
. . .
|
Brian Wiles
Program Director
100 USDA, Suite 108
Stillwater, OK 74074
Phone: 405-742-1060
TTY/TDD: 405-742-1007
Fax: 405-742-1101
E-mail: brian.wiles@ok.usda.gov
Back to TOP |
|
In 2001, Rural
Business-Cooperative Service . . .
- Provided $13,064,720
in Business and Industry Loan guarantees for rural Oklahoma
businesses.
- Provided $3,102,760
in Business and Industry Loan direct loans to rural Oklahoma
businesses.
- Provided 450
job opportunities in rural Oklahoma through Business and
Industry Loan funds.
- Invested $1,274,289
in Rural Business Enterprise Grants to finance and facilitate
development of small and emerging private business enterprises
- Funded $1,838,000
for 6 projects through the Rural Economic Development Loan/Grant
Program (the single largest year for this program in Oklahoma).
- Awarded $695,000
in grants to allow producers to refine their agricultural
products to increase their value to the end-user of their
product.
|
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