REAP Guaranteed Loan Program in Oregon
(Rural Energy for America Program, formerly known as the
"9006" program) provides guarantees to commercial lenders
on loans for the purchase and installation of renewable
energy generating systems or energy efficiency improvements.
This assistance is limited to loan to small businesses and
farmers & ranchers. Projects must be located in a rural
area. There is an exception for Ag. Producers. REAP guaranteed loans may finance up to 75% of such a
project. The maximum loan size eligible for a REAP guarantee
is $25 million.
Applications are accepted year round, however funding is subject to
availability. The anticipated deadline to submit a guaranteed loan request to be considered for 2014 funding is 7/31/2014. Please sign up for Program Alerts for updates on funding availability. (posted 3/17/2014)
Contact our office with
questions at (503)414-3369.
REAP Guaranteed Loan Program Overview - Coming Soon!
Note: Although specifically designed for energy projects,
RD's Business and Industry
guaranteed loan program may also assist with rural
energy lending when REAP guarantees are not possible.
Application Information & Tools
- Coming Soon - Application checklist for large combination
projects costing >$200,000 where the borrower is also
applying for a REAP grant
- Coming Soon - REAP Lender Servicing Responsibilities
Contact Rural Development
Click here to sign up for
"Energy Program Notices for Small Business &
Agricultural Producers" and other e-mail alerts for USDA Rural Development programs in Oregon.