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Loan & Grant Programs
Operating procedures for the above-referenced programs are developed and monitored through the issuance of regulations and other administrative guidance to assure applicable laws and policy guidance are being followed.
The delivery of programs is accomplished through three National Office Divisions and a nationwide field staff serving the 50 States, the Virgin Islands, Puerto Rico, and Western Pacific Territories.
All USDA Rural Development mission area programs, including Rural Business-Cooperative Service programs, are administered by Rural Development field staff.
In Fiscal Year 2003, a total of 623 loans and 703 grants totalling $1,041,389,027 were disbursed. This resulted in 87,615 jobs either being created or saved, and 11,904 businesses assisted in rural America.
FISCAL YEAR 2004 PROGRAM LEVELS
- Business and Industry Guaranteed - $839.98 million
- Intermediary Relending Program - $39.76 million
- Rural Business Enterprise Grant - $43.77 million
- Rural Economic Development Loan - $14.91 million
- Rural Economic Development Grant - $4 million
- Rural Business Opportunity Grant - $3.05 million
- Renewable Energy Grant Program - $22.86 million
Also, available are Business Programs - Fiscal Year 2003 Results.
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