date:May 10, 2012
This funding will help rural businesses and entrepreneurs obtain the financing they need to thrive, grow and create jobs, Vilsack said. These grants and loans are part of the Obama Administration's ongoing commitment to ensure that rural communities attract capital investments that lead to business development and job creation.
USDA Rural Development is providing the loans and grants through the Rural Economic Development Loan and Grant (REDLG) program. USDA provides zero-interest loans to loc