Business

1
Business Community Programs
2
Business Industry Loan Guarantees

• Guarantee bank loans up to 25 million for
  typical business startup and expansion needs in
  rural communities. (lt 50,000 population)
• Borrowers include investors, legal entities, non
  profits and economic development entities.
• If your lender would help, why wouldnt we? and
  Big projects in small towns.

3
BI Project in Grove
4
Intermediary Relending Program

• 1 - 30 year, direct loans to establish revolving
  loan funds for business and community development
  projects. (lt 25,000 population)
• Eligible intermediaries include private
  non-profit corporations and public bodies like
  counties
• Local match required. (1 per 4 requested)
• National competition for funds.

5
Rural Economic Development Loan and Grant
Program

• RECs and telephone companies apply for zero
  interest loans or grants to promote rural
  economic development and job creation projects.
  (lt 2,500 population has priority)
• 0 loans are passed through to business or
  ultimate recipient. Grants used to establish
  revolving loan funds.
• National competition for funds 750,000 (loan)
  and 300,000 (grant) maximums.

6
Caddo Electric REDL
Family Medical Clinic LLC in Anadarko
7
Rural Business Enterprise Grants

• Grants to facilitate small and emerging business
  enterprises. (lt 50,000 population)
• Grants used either to establish revolving loan
  funds, technical assistance or site development.
• Eligible applicants are public bodies and
  private, non-profit corporations.

8
Langstons RBEG Business Incubator
9
Rural Business Opportunity Grants

• Grants to provide technical assistance for
  business development or conduct economic
  development planning in rural areas. (lt 50,000
  population)
• Public bodies, cooperatives and private
  nonprofits are eligible.
• National competition for funds.

10
Value Added Producer Grants

• Grants for planning or working capital. (no
  population limit).
• Independent producers, farmer, ag producer group
  or majority - controlled producer based business
  venture are eligible.
• National competition for funds.

11
Value Added Products in Alva
12
Renewable Energy and Energy Efficiency Program

• Information is publicized through a NOSA.
• Grants for renewable energy and energy efficiency
  projects. (lt 50,000 population).
• Farmers, ranchers and rural small
• businesses are eligible.
• National Competition for funds.

13
Green Country Biodiesel in Chelsea
14
Water and Waste

• Loans and grants can be used to construct,
  enlarge, extend, or otherwise improve a public
  water, waste or solid waste facility.
• Public bodies, Non-Profit Associations, Indian
  Tribes or Towns of up to 10,000 population and
  all rural areas are eligible.
• For grant consideration, median household income
  of the service area must be below 31,707.

15
Wilburton Waste Water Treatment Plant
16
Community Facilities

• Funds are available to public entities such as
  municipalities, counties, special purpose
  districts, as well as non-profit corporation and
  tribal governments.
• Funds may be used to construct, enlarge, or
  improve community facilities for health care,
  public safety, and public services.
• Financial assistance may be direct loans,
  guaranteed loans, or grants.

17
Community Facilities Murray State College Dorm
Project
18
Community Facilities
Adair County Jail
Dewar Fire Department
19
Distance Learning Telemedicine Program

• The Distance Learning and Telemedicine (DLT)
  Program is specifically designed to meet the
  educational and health care needs of rural
  America through the use of advanced
  telecommunications technologies.
• The DLT Program provides three kinds of financial
  assistance, 100 Grant, Combination Loan-Grant,
  and 100 Loan
• To be eligible for a grant, your organization
  must currently deliver or propose to deliver
  distance learning or telemedicine services for
  the term of the grant, be legally organized as an
  incorporated organization or partnership.

20

• Mike Schrammel
• BCP Director
• 405-742-1061
• Michael.Schrammel_at_ok.usda.gov
• Rachel Shultz
• BCP Loan Specialist
• IRP BI Loans
• 405-752-1065
• Rachel.shultz_at_ok.usda.gov
• Christy Rard
• BCP Loan Specialist
• Water Waste REDLG
• 405-742-1063
• Christy.Rard_at_ok.usda.gov

Kenny Quigley BCP Loan Specialist BI Loan
Program 405-742-1062 Kenny.Quigley_at_ok.usda.gov Jo
dy Harris BCP Loan Specialist 9006 Energy, CF,
DL T, VAPG 405-742-1036 Jody.Harris_at_ok.usda.gov
Sally Vielma 9006 Energy, VAPG, RBEG RBOG
BCP Loan Specialist 405-742-1039 Sally.Vielma_at_ok
.usda.gov
Candy Taylor Community Programs
Technician 405-742-1067 Candy.Taylor_at_ok.usda.gov
Andrea Turner Business Programs
Technician 405-742-1068 Andrea.Turner_at_ok.usda,gov
Katie White Stay- in- School 405-742-1066 Katie.
White_at_ok.usda.gov