New USDA Food Supply Chain Loan Guarantee Program

Thoughtware Alert Published: Feb 18, 2022

On December 9, 2021, the U.S. Department of Agriculture (USDA) announced details of a new Food Supply Chain Guaranteed Loan Program that will make available up to $1 billion in loan guarantees. The USDA will partner with lenders to guarantee loans of up to $40 million to help eligible entities expand meat and poultry processing capacity and finance other food supply chain infrastructure. This article provides details on how the funding may be used.

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