USDA Rural Development

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1 USDA Rural Development Business, Cooperative, and Energy Programs Mary Warren, Business Programs Director & Energy Coordinator

2 Business & Industry Loan Guarantee B&I Program offers loan guarantees to lenders who provide loans to businesses in rural America. Illinois FY 2017 allocation - $15,454,000

3 Business & Industry Loan Guarantee AG Manufacturing - Rochelle

4 Business & Industry Loan Guarantee Mid State Tank - Sullivan

5 Business & Industry Loan Guarantee Magnum Steel Works Inc. (Photo courtesy of Magnum Steel website)

6 Business & Industry Loan Guarantee Pathway Services Unlimited, Inc. - Jacksonville

7 Rural Energy for America Program REAP offers grants and loan guarantees to lenders to help finance the purchase and installation of renewable energy systems and energy efficiency improvements Agricultural producers and rural small business

8 Rural Energy for America Program Hoekstra Potato Farm St. Anne

9 Rural Energy for America Program Lincolnland Agri-Energy, LLC - Palestine

10 Rural Energy for America Program Tim Ridgley - Parkersburg

11 Rural Energy for America Program Illinois Electric Cooperative - Winchester

12 Rural Economic Development Loan & Grant Program REDLG is a pass-thru loan with 0% interest Electric cooperatives, telephone cooperatives, and municipalities that provide electric

13 Rural Economic Development Loan & Grant Program Jo-Carroll Energy, Inc./Neumiller Farms, Inc. - Savannah

14 Rural Economic Development Loan & Grant Program Norris Electric Cooperative/Justin Holsapple - Toledo

15 Rural Economic Development Loan & Grant Program Wayne-White Electric/Fairfield Memorial Hospital - Fairfield

16 Rural Economic Development Loan & Grant Program MJM Electric/WM Nobbe & Co Jerseyville (Photo courtesy of WM Nobbe & Co website)

17 Rural Business Development Grant RBDG is a grant program to assist in the development or expansion of small and emerging private businesses in rural areas Public bodies, non-profit corporations and institutions of higher-education (Grant funds cannot be passed through directly to a small business other than through a RLF loan)

18 Rural Business Development Grant Lake Land College - Mattoon

19 Rural Business Development Grant Southern IL Coal Belt Champion Community Du Quoin

20 Rural Business Development Grant City of Elmwood

21 Value Added Producer Grant VAPG is a grant program for ag producers for planning activities or working capital expenditures to help them enter into valueadded activities for their bio-based products

22 Value Added Producer Grant Rustic Road Farm - Elburn (Photo courtesy of Rustic Road Farm website)

23 Value Added Producer Grant Kilgus Farms - Fairbury

24 Value Added Producer Grant Marcoot Jersey Farm - Greenville

25 Intermediary Relending Program IRP is a revolving loan program in which Rural Development makes a loan to an intermediary, who then uses those funds to make business or community development loans Public bodies and non-profit corporations

26 Intermediary Relending Program Champaign Co. Regional Planning Commission/ L.A. Gourmet Catering, LLC rural Champaign (Photo courtesy of Pear Tree Estate website)

27 Rural Microentrepreneur Assistance Program RMAP is a revolving loan program in which Rural Development makes a loan to an intermediary, who then uses those funds to make business or community development loans to microenterprises (10 or fewer employees Non-profit corporations and institutions of higher education

28 Rural Microentrepreneur Assistance Program Southern IL Coal Belt Champion Community/ Dinger Bats - Ridgeway (Photo courtesy of Dinger Bats website)

29 Questions? Mary Warren Business & Cooperative Programs Director State Energy Coordinator (217)

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