IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 25 Apr 2017 | Removal date: 01 Aug 2017
Still in force

Loan guarantee

On April 25, 2017 Governor Scott Walker of Wisconsin announced that the Wisconsin Housing and Economic Development Authority (WHEDA) will provide amended loan guarantees to dairy farmers and processors with more favorable terms. Effective immediately, eligible dairy farmers will be able to access loan guarantees at more favorable terms than the existing agricultural loan guarantees. In addition, qualified dairy processors will have access to an 80% loan guarantee up to $750,000. Revolving working capital loans offer an 80% loan guarantee up to $200,000. WHEDA’s current small business loan guarantees offer a 50% maximum guarantee and slightly higher fees. WHEDA’s expanded loan guarantees will be available to dairy farmers and processors through August 1, 2017.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

221 Processed liquid milk, cream & whey
0401 Milk and cream, not concentrated nor containing added sugar or other sweetening matter.
040120 Of a fat content, by weight, exceeding 1 % but not exceeding 6 %
040140 Of a fat content, by weight, exceeding 6 % but not exceeding 10 %
040150 Of a fat content, by weight, exceeding 10 %

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