ANNOUNCEMENT 15 Feb 2018On 15 February 2018, the US government granted a loan guarantee to Northgate Golden Valley, Llc. as part of the program Business and Industry Loans.
NUMBER OF INTERVENTIONS
USAspending.gov. Award page. Business and Industry Loans. Northgate Golden Valley, 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.