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USDA Invests More than $9 Million to Support Small Businesses in 12 States

15 Jul 2016
WASHINGTON, July 15, 2016 - Agriculture Secretary Tom Vilsack today announced the investment of more than $9 million in loans and grants to support job growth and economic development in 12 states. The funding is being provided through USDA's Rural Economic Development Loan and Grant (REDLG) program, through which USDA provides zero-interest loans and grants to utilities that lend funds to local businesses for projects to create and retain employment.

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