Verified FBN Member (ND)

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USDA Farm storage facility Loan Program Micro or full 3 years production?

Any one have any experience with the USDA Farm Storage Facility Loan program? I need to do a small upgrade to an existing dryer set up for this fall, a couple of fans, and a burner on the end of an existing dryer. Looking at the Micro loan up to $50,000 loan how fast can they turn it around?

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Verified FBN Member (IN)

Best interest rate! Getting the application completed & approved in30 days is a dream. Plan on at least 2 months. You won’t get any $ until project is complete & operational. & then maybe another week.

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