| ELIGIBILITY REQUIREMENTS |
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· Functional Categories |
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Small Business
Economic Development
Economic Injury and Natural Disaster
Minority Business Enterprises
Construction, Renewal, and Operations
Rural Community Development
Recreation
Site Acquisition
Indian Action Services
Land Acquistion
Job Training, Employment
Planning |
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· Applicants |
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Local (Excludes Institutions Of Higher Education And Hospitals)
Individual/Family
Federally Recognized Indian Tribal Governments
Specialized Group (Health Professional, Student, Veteran)
Profit Organization
Private Nonprofit Institution/Organization (Includes Institutions Of Higher Education, Hospitals)
Other Private Institution/Organization |
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· Applicant Eligibility |
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An applicant may be a cooperative, corporation, partnership, trust, or other legal entity organized and operated on a profit or nonprofit basis; an Indian tribe; a municipality, county, or other political subdivision of a State; or individuals in rural areas. Applicants for guaranteed loans must be located in one of the fifty States, Puerto Rico, Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, the Republic of Palau, the Federated States of Micronesia, or the Republic of the Marshall Islands in rural areas other than a city, having a population of fifty thousand or more and its contingent adjacent urbanized area, as determined by the Secretary of Agriculture according to the latest decennial census of the United States. Preference is given to loans in open country, rural communities and towns with populations of 25,000 or less, and, on applications of equal priority, to veterans. Applicants must be U.S. citizens or reside in the U.S. after being legally admitted for permanent residence and, if corporations, at least 51 percent owned by such individuals. |
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· Beneficiaries |
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Local
Federally Recognized Indian Tribal Governments
Individual/Family
Profit organization
Private nonprofit institution/organization
Quasi-public nonprofit organization
American Indian
U.S. Citizen
Veteran/Service person/Reservist (including dependents)
Rural |
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· Beneficiary Eligibility |
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Beneficiaries include cooperatives, corporations, partnerships, trust or legal entities organized and operated for profit or nonprofit, Federally recognized Indian Tribal Governments and individuals in rural cities and towns of less than 50,000 population. |
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· Credentials/Documentation |
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Evidence of legal capacity, economic feasibility and financial responsibility relative to the activity for which assistance is requested. This program is excluded from coverage under OMB Circular No. A-87. |
See AidPage for more information on:
Business and Industry Loans
Federal Money Retriever® GrantGate®
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