USDA IRP RURAL LOAN PROGRAM

The rural Intermediary Relending Program (funded by the US Department of Agriculture/Rural Development - formerly, the Farmers Home Administration) has provided a cumulative total of 13 loans for a combined loan amount of $1,316,000.

 

CEII's cumulative IRP job creation figure has now reached 77 jobs.  CEII borrowed $1 Million from the USDA for this program and is now fully loaned-out, but additional funds may soon be available. 

 

IRP loans are limited to $150,000 in size and are available only in rural portions of Northwest Florida.