ANNOUNCEMENT 08 Aug 2019On 8 August 2019, the US government granted a loan guarantee to Deadwood Hotels, Llc as part of the program Business and Industry Loans.
NUMBER OF INTERVENTIONS
USAspending.gov. Award page. Business and Industry Loans. Deadwood Hotels, Llc.
USDA Rural Development, "Business & Industry Loan Guarantees" (retrieved on 15/07/2021). Available at: https://www.rd.usda.gov/programs-services/business-industry-loan-guarantees
The Business and Industry Guaranteed Loan Program is aimed at improving the economic health of rural communities by increasing access to business capital through loan guarantees. The program offers loan guarantees to lenders for their loans to rural businesses. The program is administered by USDA Rural Development. The loan guarantee percentage is published annually in a Federal Register notice and the Business and Industry loans approved in Fiscal Year 2021 will receive an 80 percent guarantee.