Who may borrow?
A borrower may be a cooperative organization, corporation, partnership, or other legal entity organized and operated on a profit or nonprofit basis; an Indian tribe on a Federal or State reservation or other Federally recognized tribal group; a public body; or an individual. A borrower must be engaged in or proposing to engage in a business that will:
  • Improve the economic or environmental climate
  • Promote the conservation, development, and use of water for aquaculture
  • Provide employment
  • Reduce reliance on nonrenewable energy resources by encouraging the development and construction of solar energy systems and other renewable energy systems

Show All Answers

1. Who may borrow?
2. How may funds be used?
3. What is the percentage of guarantee?
4. What are the loan amounts?
5. What are the loan terms?
6. What are the interest rates?
7. Is collateral required?
8. Annual renewal fee?
9. Where should applications be filed?