• USDA Offers Loan Guarantees for Coops
  • August 1, 2016
  • Law Firm: Eversheds Sutherland (US) LLP - Washington Office
  • The United States Department of Agriculture (USDA) will provide up to $250 million in loan guarantees for commercial-scale refineries and manufacturing facilities as long as they focus on biofuels and renewable chemicals. Applicants must provide at least 20 percent of the funding for eligible project costs and groups can form a consortium to apply for the money. Applications for an initial round of funding are due October 3.