"Under the High Tunnel Loan Program, Missouri producers who have been approved by USDA NRCS, through either the USDA NRCS EQIP Seasonal High Tunnel System Initiative or the EQIP Organic Initiative for a seasonal high tunnel reimbursement, will be eligible for a short term loan. Loans will be available at a fixed rate of 7.5 percent interest for the amount obligated to the producer by USDA NRCS for a term of up to one year. Producers must first apply at their local USDA NRCS office. Once approved by NRCS, producers may apply for the High Tunnel Loan Program. Upon receipt of the required documents loan funds will be dispersed for the purchase of the high tunnel. The producer applying for the loan will be responsible for the monthly interest plus a one-time filing fee of $10.00."
Missouri High Tunnel Loan Program
Missouri Agricultural and Small Business Development Authority PO Box 630 Jefferson City, MO 65102-0630
Fee or Cost?
To find similar posts, choose a tag below
Fri, 11/02/2012 - 7:05am