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Saturday, 09/08/2012 9:44:44 AM

Saturday, September 08, 2012 9:44:44 AM

Post# of 72584
USDA LOANS/FUNDING

WILL "OTOW" RECEIVE USDA FUNDING?

USDA,September 7, 2012 –Agriculture Secretary Tom Vilsack said Administration continues to work with small businesses and entrepreneurs in our rural communities to EXPAND CAPITAL INVESTMENTS, spur business development .

USDA Deputy Under Secretary Doug O’Brien said. MAKE IT EASIER FOR PEOPLE TO ACCESS USDA SUPPORT, ENSURING THAT EMERGING RURAL BUSINESSES HAVE THE CAPITAL THEY NEED .

USDA Rural Development has a $155 billion portfolio of loans and will administer $20 billion in loans, loan guarantees and grants through their programs in the current fiscal year.

USDA mission help BUSINESSES OBTAIN THE FINANCIAL ASSISTANCE NEEDED to address their diverse and unique needs.

USDA - EMPHASIZED REVITALIZING RURAL AREAS and IMPROVE ACCESS TO CAPITAL for broadband .

Federal resources ensure the GOVERNMENT IS A STRONG PARTNER FOR BUSINESSES, in rural communities.

David J. Villano Assistant Administrator Telecommunications Program Rural Utilities Service - WE LOOK FORWARD TO WORKING WITH EXISTING BORROWERS AND LOAN APPLICANTS in providing new and improved telecommunications services in rural areas.

USDA Rural Development is committed to helping improve the economy and quality of life in rural America.

USDA financial programs support telephone service.

USDA support LOANS TO BUSINESSES through banks , credit unions and community-managed lending pools.


GLTA the OTOW shareholders