Reconnect treas rate 50-50 loan-grant infrastructure invest and jobs act grant

The Department of Agriculture Rural Utilities Service awarded Cimarron Telephone Company, L.L.C., $8.876 million on May 6, 2026, under the Rural eConnectivity Pilot Program (CFDA 10.752) to deploy broadband infrastructure in Lawrence Creek, Oklahoma.

The award finances fiber optic and ethernet cabling deployment, networking equipment procurement, and broadband expansion to rural residences, businesses, and institutional facilities in the Lawrence Creek service area. The funding is structured as a 50-50 loan-grant combination under the Infrastructure Investment and Jobs Act. Performance runs through May 6, 2028. Cimarron Telephone Company is a rural telecommunications provider headquartered in Mannford, Oklahoma. The ReConnect Program provides loans, grants, and loan-grant combinations to expand broadband service to rural areas lacking sufficient access, defined at a minimum as 25 Mbps downstream and 3 Mbps upstream. Grant and loan-grant applications are scored competitively on rurality, number of farms, businesses, healthcare, educational and critical community facilities served, service performance quality, state broadband activities, and presence of tribal lands.