Food Supply Chain Guaranteed Loan Program
Program Objective
The Food Supply Chain Guaranteed Loan Program will make loan guarantees to lenders to facilitate financing to qualified borrowers and projects for the start-up or expansion of activities in the middle of the food supply chain, particularly the aggregation, processing, manufacturing, storage, transportation, wholesaling, or distribution of food.
Eligibility
Eligible Applicants
- Federally Recognized Tribal Government
- Nonprofit Organization
- For-Profit Organization
How to Apply
Award Procedure
Complete applications will be processed, evaluated, and scored. For applications that are successful the lender will receive a Conditional Commitment outlining the conditions for which a Loan Note Guarantee will be issued.
Decision Timeline
- Approval: From 30 to 60 days
- Appeal: From 30 to 60 days
Program details & compliance
Description
The Food Supply Chain Guaranteed Loan Program will make loan guarantees to lenders to facilitate financing to qualified borrowers and projects for the start-up or expansion of activities in the middle of the food supply chain, particularly the aggregation, processing, manufacturing, storage, transportation, wholesaling, or distribution of food.
Mission Categories
Primary: Small Business
Other categories:
Food NutritionFood Supply Chain
Reporting & Compliance
Applicable 2 CFR 200 Subparts
- Subpart B — General Provisions
- Subpart C — Pre-Federal Award Requirements
- Subpart D — Post-Federal Award Requirements
- Subpart F — Audit Requirements