Minnesota Farmers Received Loans

Minnesota businesses and farmers have been granted $3 million worth of loans available from the USDA.
The loans are part of a $62.5 million national loan campaign from the USDA for renewable energy projects and energy efficient projects. The program is allotted for 705 projects nationwide. The money is available through the Rural Energy for America Program.
“President Obama and I are committed to helping rural businesses become more energy efficient – it’s good for the economy, good for the environment, and good for the workers and customers who depend on the goods and services these businesses provide,” said U.S. Agriculture Secretary Tom Vilsack.
Loans in Minnesota were generally around $50,000. The largest grants were $250,000 and $598,857 to South Central Grain and energy in Hector.
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