USDA Announced New Loans to be Placed through Coops to Support Rural Businesses

The USDA’s Rural Business-Cooperative Service announced $18.1 million in loans to support 92 projects related to the start-up or expansion of rural small businesses.  These zero-interest loans help utilities fund projects and create and retain employment in rural areas.  The South Mississippi Electric Power Association will receive a $2 million loan to assist the city of Greenwood renovate a building for the Milwaukee Tools Company.  Read more about the announcement here and see the loan recipients here.

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