- A former Rural Utilities Service borrower who borrowed, repaid or pre-paid an insured, direct or guaranteed loan.
- Nonprofit utilities that are eligible to receive assistance from the Rural Development Electric or Telecommunication Programs.
- Current Rural Development Electric or Telecommunication Programs borrowers.
- Up to $300,000 in grants may be requested to establish the Revolving Loan Funds.
- Up to 10 percent of grant funds may be applied toward operating expenses over the life of the Revolving Loan Fund.
- Up to $1 million in loans may be requested.
- 10 years at 0 percent interest.
- Grants require a 20 percent match from the local utility.
- Grants must be repaid to USDA upon termination of the Revolving Loan Fund.
- Business incubators.
- Community development assistance to nonprofits and public bodies (particularly for job creation or enhancement).
- Facilities and equipment to educate and train rural residents to facilitate economic development.
- Facilities and equipment for medical care for rural residents.
- Start-up venture costs, including, but not limited to, financing fixed assets such as real estate, buildings, equipment or working capital.
- Business expansion.
- Technical assistance.
- The interest rate is 0 percent.
- Up to 80 percent of project costs; 20 percent must be provided by the ultimate recipient or the local utility.
- The local utility may incorporate interest rates or administrative loan fees after the funds have been loaned out and revolved once. First-time loans are at 0 percent interest.
- Repayment may be deferred up to two years for projects including a start-up venture or Community Facilities project.
- Basic Program – Code of Federal Regulations, 7 CFR, Part 4280.
- Loan/Grant Servicing – Code of Federal Regulations, 7 CFR, Part 4280 and 2 CFR Part 200.
- This program is authorized by the Rural Electrification Act of 1936.
NOTE: If state specific forms are not shown above, please ensure that your state is selected in the dropdown menu above to find the State Office contact information and speak to a Business Programs Specialist before attempting to fill out any forms or applications. This will save you valuable time in your application.
You may also access the Code of Federal Regulations, 7 CFR, Part 4280.
There are no other additional requirements at the national level. If there are additional state-specific requirements they will be listed above.
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Nebraska State Office
Federal Building, Suite 308
100 Centennial Mall North
Lincoln, Nebraska 68508-3859
Joan Scheel, Business Programs Director
Brant Richardson, Business Program Specialist
Jeff Carpenter, Business Program Specialist, State Energy Coordinator
Deborah Drbal, Business Program Specialist
2601 Lakeridge Drive, Suite 2
Norfolk, Nebraska 68701
Bill Sheppard, Business Programs Specialist
Daniel Janke, Business Programs Specialist
Eastern Service Counties: Antelope, Boone, Burt, Butler, Cass, Cedar, Clay, Colfax, Cuming, Dakota, Dixon, Dodge, Douglas, Fillmore, Gage, Hamilton, Jefferson, Johnson, Knox, Lancaster, Madison, Merrick, Nance, Nemaha, Nuckolls, Otoe, Pawnee, Polk, Pierce, Platte, Richardson, Saline, Sarpy, Saunders, Seward, Stanton, Thayer, Thurston, Washington, Wayne and York.
4009 6th Avenue, Suite 1
Kearney, Nebraska 68845-2386
Kelley Messenger, Business Programs Specialist
Central Servicing Counties: Adams, Blaine, Boyd, Brown, Buffalo, Cherry, Custer, Dawson, Franklin, Furnas, Garfield, Gosper, Grant, Greeley, Hall, Harlan, Holt, Hooker, Howard, Kearney, Keya Paha, Loup, Phelps, Rock, Sherman, Thomas, Valley, Webster and Wheeler.
818 Ferdinand Plaza, Suite B
Scottsbluff, Nebraska 69361-4401
Marla Marx, Business Programs Specialist
Western Servicing Counties: Arthur, Banner, Box Butte, Chase, Cheyenne, Dawes, Deuel, Dundy, Frontier, Garden, Hayes, Hitchcock, Keith, Kimball, Lincoln, Logan, McPherson, Morrill, Perkins, Red Willow, Scottsbluff, Sheridan and Sioux.