Single-Purpose Animal Facilities Loan Guarantee Program (Missouri)
Last modified on February 12, 2015.
|Applies to States or Provinces||Missouri|
|Name||Single-Purpose Animal Facilities Loan Guarantee Program (Missouri)|
|Policy Category||Financial Incentive|
|Policy Type||Loan Program|
|Implementing Sector|| State/Province
|Maximum Incentive|| $250,000
|Program Administrator||Missouri Department of Agriculture|
|Primary Website|| http://mda.mo.gov/abd/financial/spafloanprg.php
|Last Review|| 2014-09-15
The Missouri Agricultural and Small Business Development Authority provides a 50 percent first-loss guarantee on collateralized loans up to $250,000 that lenders make to independent livestock producers to finance the acquisition, construction, improvement, rehabilitation, or operation of land, buildings, facilities, equipment, machinery, and animal waste facilities used to produce poultry, hogs, beef or dairy cattle or other animals in a single purpose animal facility.
|Department||Missouri Department of Agriculture|
|Division||Missouri Agricultural and Small Business Development Authority|
|Address||P.O. Box 630|
|Place||Jefferson City, Missouri|