U.S. Department of Agriculture Rural Development - Oklahoma Online
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Rural Business-Cooperative Service

Programs

B&I Guar.  |  IRP  |  RBEG  |  RBOG  |  REDL  |  REDG  |  VADG  |  NOFAs  |  Contact
Business and Industry Guaranteed Loans (B&I Guar.) This program guarantees up to 80 percent of a loan made by a commercial lender to start or expand a rural business, especially in instances in which jobs will be saved or created in areas with populations of less than 50,000.

. . . more details

Intermediary Relending Program (IRP) This program provides 1% loans to intermediaries to establish revolving loan funds for the purpose of re-lending to small emerging private businesses.

. . . more details

Rural Business Enterprise Grants (RBEG)
USDA makes Rural Business Enterprise Grants to public bodies, nonprofits, and Native American tribes to encourage the development of small and emerging private business enterprises in rural areas.

. . . more details

Rural Business Opportunity Grants (RBOG)
Grants from this program provide for technical assistance, training, and planning activities that improve economic conditions in rural areas.

. . . more details

Rural Economic Development Loans/ Grants (REDL & REDG)
These loans/grants are provided to USDA-financed telephone and electric cooperatives to establish revolving loan funds or single purpose loans for businesses/job creation and community development in rural areas. Recipients receive 10 year, zero interest loans.

. . . more details on loans

. . . more details on grants

Value-Added Agricultural Product Market Development Grants (VADG)

This program was amended by the 2002 Farm Bill. Both applicant and activity eligibility were expanded. To assist in applying, follow the link below to the National Rural Business-Cooperative Service website or contact this state office.

. . . more details


Information & Links

Contact . . .
Brian Wiles
Program Director
100 USDA, Suite 108
Stillwater, OK 74074

Phone: 405-742-1060
TTY/TDD: 405-742-1007
Fax: 405-742-1101
E-mail: brian.wiles@ok.usda.gov

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89er Theater in Kingfisher

Rural Business-Cooperative Service Provides Assistance for New Businesses or Expansions


In 2008, Rural Business-Cooperative Service . . .
  • Provided $75,954,886 in Business and Industry direct loans & guarantees for rural Oklahoma businesses.
  • Invested $2,081,400 in Rural Business Enterprise Grants to finance and facilitate development of small and emerging private business enterprises
  • Funded $85,000 for 1 project through the Rural Economic Development Loan/Grant Program.
  • Awarded $310,173 in grants to for Renewable Energy or Energy Efficiency projects.