Article: AGRICULTURE SECRETARY VILSACK ANNOUNCES NEARLY $56.2 MILLION IN LOAN ASSISTANCE TO HELP RURAL BUSINESSES

WASHINGTON, Nov. 6 -- The U.S. Department of Agriculture's Rural Development agency has issued the following press release:

Agriculture Secretary Tom Vilsack today announced $56.2 million in loan guarantees to assist 12 rural businesses though funding made available by the American Recovery and Reinvestment Act.

"The Recovery Act funds announced today will help businesses get access to the capital they need to expand their businesses and bring stability to America's small cities and towns," Vilsack said. "President Obama and USDA are committed to building strong rural communities by helping businesses grow so we can renew and revitalize our country."

In Bagley, Minn., USDA is guaranteeing a ...

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