The Department of Agriculture Rural Housing Service awarded a $9 million Project Grant to Southwest Intermediary Finance Team, Inc. through the Meat and Poultry Intermediary Lending Program (CFDA 10.382). The grant will facilitate $9 million in financing to qualified meat and poultry processors over the two-year period from March 2023 to March 2025. The Meat and Poultry Intermediary Lending Program provides grants to intermediaries to increase processing capacity by financing start-ups and expansions of small meat and poultry companies. As the intermediary, Southwest Intermediary Finance Team, Inc. will utilize the funding to provide loans that enable ultimate recipients in the meat and poultry industry to expand operations and help address capacity constraints.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $9.0m | 3/3/23 |