Browsing Category Archives

Based on “Featured News”.

USDA makes $1 billion in loan guarantees to help rural businesses

U.S. Secretary of Agriculture Sonny Perdue announced on May 21 that the department is making $1 billion available in loan guarantees to help rural businesses. Perdue stated the aim is to help such businesses meet their working capital needs during the coronavirus pandemic.

Biomass Utilization Fund has $17 million to finance Tuolumne County businesses

The Department of Housing and Community Development (HCD), Rural Community Assistance Corporation (RCAC), and Sierra Nevada Conservancy (SNC) are pleased to announce a new $17 million program that will provide loans to increase the use of low- and no-value wood from Tuolumne County forests and provide an alternative to pile burning of forest waste.

Paycheck Protection Program (PPP) update

The Paycheck Protection Program (“PPP”) authorizes up to $659 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone.