Search Results for keywords:"Loan Guarantee"

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Search Results: keywords:"Loan Guarantee"

  • Type:Notice
    Citation:89 FR 100949
    Reading Time:about a minute or two

    The Rural Business-Cooperative Service of the USDA has announced an extension for the loan guarantee application deadline for the 9003 Program. This program supports the development of biorefineries, renewable chemicals, and biobased products with loan guarantees up to $250 million. Originally due on October 1, applications can now be submitted until December 31, 2024, at 4:30 p.m. Eastern Time. Despite requiring a non-binding letter of intent 30 days prior, exceptions can be made, and questions can be directed to the provided USDA contact information.

    Simple Explanation

    The USDA is giving more time for people to apply for big loans to help make new things like plant-based products and renewable chemicals, now until the end of December 2024, but it's not clear which projects can get the money or how they'll pick who gets it.

  • Type:Notice
    Citation:89 FR 99257
    Reading Time:about a minute or two

    The Export-Import Bank of the United States (EXIM) is seeking public comments on a proposed information collection, as part of an effort to reduce paperwork, in accordance with the Paperwork Reduction Act of 1995. They have introduced a form titled EIB 11-05, "Exporter's Certificate for Loan Guarantee & MT Insurance Programs," which is used by exporters to verify their eligibility for EXIM support. This form needs to be completed by borrowers or financial institutions and is crucial for assessing the eligibility and value of exports for EXIM financing. Comments on this collection process are welcomed until February 10, 2025, and can be submitted via several methods, including email and mail.

    Simple Explanation

    The Export-Import Bank wants to know what people think about a form that helps decide if exporters can get help from them. They give people a chance to say what they think until February 10, 2025, by sending their thoughts in different ways like email or mail.