News & Analysis as of

U.S. Department of Agriculture Government-Guaranteed Loans

Foster Garvey PC

A New Source of Government-backed Financing For U.S. Food Supply Chain Businesses

Foster Garvey PC on

The United States Department of Agriculture (USDA) recently unveiled a new loan program for loans that are guaranteed by the USDA. These US government backed loans should encourage participating lenders to lend more funds —...more

Holland & Knight LLP

USDA Renewable Energy Program Forecast

Holland & Knight LLP on

President Donald Trump's nomination of former Georgia Gov. Sonny Perdue for U.S. Secretary of Agriculture had been rumored for some time. However, Perdue's nomination on Jan. 19, 2017, the day before Trump was inaugurated,...more

Bergeson & Campbell, P.C.

USDA Announces Energy Efficiency And Renewable Energy Grants

On April 22, 2015, U.S. Department of Agriculture (USDA) Secretary Tom Vilsack celebrated Earth Day by announcing that USDA "is providing more than $112 million in loans and grants to help rural communities build and upgrade...more

Bergeson & Campbell, P.C.

USDA Revises Renewable Energy Loan Guarantees

On December 29, 2014, the U.S. Department of Agriculture (USDA) published the final rule for the Rural Energy for America Program (REAP). REAP is intended to help mainly businesses, as well as some state, local, and tribal...more

Bergeson & Campbell, P.C.

$91 Million Loan Guarantee To Louisiana Biofuel Plant

On October 3, 2014, Agriculture Secretary Vilsack announced that USDA reached an agreement with Silicon Valley Bank to provide a $91 million Biorefinery Assistance Program loan guarantee to Cool Planet for a biofuel plant in...more

Bergeson & Campbell, P.C.

USDA Awards Fulcrum Sierra Biofuels, LLC $105 Million Loan Guarantee

The U.S. Department of Agriculture (USDA) has guaranteed a $105 million loan through Bank of America, N.A. to help Fulcrum Sierra Biofuels build a plant in McCarran, Nevada that would convert municipal waste into renewable...more

Wilson Sonsini Goodrich & Rosati

Applications Now Being Accepted for USDA Renewable Energy and Energy Efficiency Grant and Loan Program

On Monday, May 5, 2014, the United States Department of Agriculture (USDA) announced that it will begin accepting new applications for grants and loans under the Rural Energy for America Program (REAP) for fiscal year 2014....more

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