This federal Project Grant award from the U.S. Department of Agriculture's Rural Housing Service, under the Biofuel Producer Program (CFDA 10.378), provides $514,971.39 in funding to Pratt Energy, LLC, a for-profit limited liability company, to produce advanced biofuels and offer COVID-19 relief to biofuel producers.
The grant supports Pratt Energy's efforts to offset financial impacts to the biofuels industry from COVID-19 and enable continued operations. This funding builds upon over $8 million in previous Biofuel Producer Program grants awarded to Pratt Energy between 2020-2023 for similar purposes. The current grant has a performance period from May 26, 2023 to May 26, 2025.
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