B&I CARES Act Program loans must be used as working capital to prevent, prepare for or respond to the effects of the coronavirus pandemic. The loans may be used only to support rural businesses, including agricultural producers, that were in operation on Feb. 15, 2020.
The Department began accepting applications on May 22, 2020. Applications must be received no later than midnight Eastern Daylight Time on September 15, 2021, or until funds are expended. Program funding expires Sept. 30, 2021.
Eligible Program Applicants: Federal or State-Chartered Banks, Savings and Loans, Farm Credit Banks, Credit Unions
Webinar Topics: Program and Application Requirements, Program Resources, Guidance on How to Apply.
Who Should Attend:
Rural Lenders, Stakeholders and the General Public
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