Press Release: $15 Million in Loans for Meat and Poultry Processors Now Available Through the MDA
4 May 2023
News
The Minnesota Department of Agriculture’s (MDA) Rural Finance Authority (RFA) has opened applications for a new revolving loan program to support Minnesota’s small and medium-sized meat and poultry processors.
The Meat and Poultry Intermediary Lending Program (MPILP) offers $15 million in low-interest loans for the start-up, expansion, or operation of slaughter and value-added processing. MPILP is funded by a grant from United States Department of Agriculture (USDA) Rural Development.
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