USDA – Rural Development Your Partner in …...USDA – Rural Development Your Partner in...
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USDA – Rural Development Your Partner in Advancing Rural Prosperity National Rural Lenders Roundtable December 5, 2018 December 5 2018 National Rural Lenders Roundtable 1
Transcript of USDA – Rural Development Your Partner in …...USDA – Rural Development Your Partner in...
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
National Rural Lenders RoundtableDecember 5 2018
December 5 2018 National Rural Lenders Roundtable 1
Bette BrandAdministrator
Rural Business-Cooperative Service
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
Rich DavisDeputy AdministratorRural Housing Service
Edna PrimroseAssistant Administrator for Water and Environmental Programs
Rural Utilities Service
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
National Rural Lenders Roundtable 2December 5 2018
Bette BrandAdministrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 3
Led by Agriculture Secretary Perdue
bull Established by Presidential Executive Order in 2017
bull 22 federal agencies and departmentsbull Focused on agriculture economic
development job growth infrastructure innovation energy security and quality of life
bull Recommended over 100 legislative regulatory and policy actions
bull Actions aim to build robust sustainable rural communities for generations to come 4
Task Force on Agriculture and Rural Prosperity
USDA Rural Development
Task Force Report Answering the Call to ActionIdentified five key indicators of rural prosperity
e-Connectivity for Rural America
Improving Quality of Life
Supporting a Rural Workforce
Harnessing Technological Innovation
Economic Development
December 5 2018 5
Task Force on Agriculture and Rural Prosperity
National Rural Lenders Roundtable
Addressing the priorities established by the Task ForceObjectives and Recommended Actions Includebull Assess state of rural e-connectivity and efficacy of current
and health care accessbull Reduce regulatory barriers to infrastructure deploymentbull Incentivize private capital investmentbull Leverage existing market opportunitiesbull Advance educational training and apprenticeship
opportunitiesbull Support development of biotechnology
National Rural Lenders Roundtable6
Task Force on Agriculture and Rural Prosperity
December 5 2018
Our Role How RD Drives Rural Prosperity
Infrastructure Partnerships and Innovation (IPI)
Sec Perdue has focused Rural Development efforts on IPI
bull Robust modern infrastructure is a necessity not an amenitybull Interagency and public-private partnerships are the best way to get things donebull Complex and constantly-evolving challenges require innovation
Each element plays an invaluable role in facilitating economic development and improving rural quality of life
December 5 2018 National Rural Lenders Roundtable 7
Rural Utilities Service
bullElectric Program
bullWater amp Environmental Programs
bullTelecommunications and Broadband Programs
Rural Housing amp Community Facilities
bull Homeownership Loans
bull Home Repair Loans amp Grants
bull Mutual Self-Help Technical Assistance Grants
bull Multi-Family Housing Loans
bull Farm Labor Housing Loans amp Grants
bull Housing Preservation Grants
bull Community Facilities Loans amp Grants
bull Business and Industry Guaranteed Loans
bull Intermediary Relending Program
bull Rural Economic Development Loan and Grant Program
bull Rural Business Development Grants
bull Rural Energy for America Program
bull Biorefinery Assistance Program
bull Value Added Producer Grants
bull Cooperative Development Assistance National Rural Lenders Roundtable 8
Rural Business-Cooperative Service
Rural Development Funding Programs by Agency
USDA Rural Development
USDA Loan Guarantees
Mitigate Risk
Increase ROI
December 5 2018 National Rural Lenders Roundtable 9
Lender Benefits
Expand Legal Lending LimitsSecondary MarketSingle or Multi note sale of
December 5 2018 National Rural Lenders Roundtable 10
Mitigate RiskGuarantee against potential lossReduces risk of specialized collateral
New Business Development OpportunitiesCommunity Reinvestment Act
ConsiderationLocal People and Local Access
USDA Loan Guarantees
Opportunities on Secondary Marketbull Lenders have the ability to sell all or part of the guaranteed portion of the
loan to holders on the secondary marketbull Lenders may charge a servicing fee to the holders bull Lenders are encouraged to utilize the secondary market and pass the
interest-rate savings on to the borrowerbull Lender must retain title to the notes and security interest in the collateralbull The lender is required to hold a minimum of 5 of the total loan amount
which must be of the unguaranteed portion Unguaranteed portions may be participated to another lender
December 5 2018 National Rural Lenders Roundtable 11
USDA Loan Guarantees
USDA Loan Guarantees
Provides the ability to receive bull Longer Repayment
Termsbull Full Amortizationbull Higher Loan Amountsbull Competitive Interest
Rate
Benefits for
Borrowers
December 5 2018 National Rural Lenders Roundtable 12
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
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Our Role How RD Drives Rural Prosperity
Slide Number 8
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Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
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Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
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Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
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Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Bette BrandAdministrator
Rural Business-Cooperative Service
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
Rich DavisDeputy AdministratorRural Housing Service
Edna PrimroseAssistant Administrator for Water and Environmental Programs
Rural Utilities Service
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
National Rural Lenders Roundtable 2December 5 2018
Bette BrandAdministrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 3
Led by Agriculture Secretary Perdue
bull Established by Presidential Executive Order in 2017
bull 22 federal agencies and departmentsbull Focused on agriculture economic
development job growth infrastructure innovation energy security and quality of life
bull Recommended over 100 legislative regulatory and policy actions
bull Actions aim to build robust sustainable rural communities for generations to come 4
Task Force on Agriculture and Rural Prosperity
USDA Rural Development
Task Force Report Answering the Call to ActionIdentified five key indicators of rural prosperity
e-Connectivity for Rural America
Improving Quality of Life
Supporting a Rural Workforce
Harnessing Technological Innovation
Economic Development
December 5 2018 5
Task Force on Agriculture and Rural Prosperity
National Rural Lenders Roundtable
Addressing the priorities established by the Task ForceObjectives and Recommended Actions Includebull Assess state of rural e-connectivity and efficacy of current
and health care accessbull Reduce regulatory barriers to infrastructure deploymentbull Incentivize private capital investmentbull Leverage existing market opportunitiesbull Advance educational training and apprenticeship
opportunitiesbull Support development of biotechnology
National Rural Lenders Roundtable6
Task Force on Agriculture and Rural Prosperity
December 5 2018
Our Role How RD Drives Rural Prosperity
Infrastructure Partnerships and Innovation (IPI)
Sec Perdue has focused Rural Development efforts on IPI
bull Robust modern infrastructure is a necessity not an amenitybull Interagency and public-private partnerships are the best way to get things donebull Complex and constantly-evolving challenges require innovation
Each element plays an invaluable role in facilitating economic development and improving rural quality of life
December 5 2018 National Rural Lenders Roundtable 7
Rural Utilities Service
bullElectric Program
bullWater amp Environmental Programs
bullTelecommunications and Broadband Programs
Rural Housing amp Community Facilities
bull Homeownership Loans
bull Home Repair Loans amp Grants
bull Mutual Self-Help Technical Assistance Grants
bull Multi-Family Housing Loans
bull Farm Labor Housing Loans amp Grants
bull Housing Preservation Grants
bull Community Facilities Loans amp Grants
bull Business and Industry Guaranteed Loans
bull Intermediary Relending Program
bull Rural Economic Development Loan and Grant Program
bull Rural Business Development Grants
bull Rural Energy for America Program
bull Biorefinery Assistance Program
bull Value Added Producer Grants
bull Cooperative Development Assistance National Rural Lenders Roundtable 8
Rural Business-Cooperative Service
Rural Development Funding Programs by Agency
USDA Rural Development
USDA Loan Guarantees
Mitigate Risk
Increase ROI
December 5 2018 National Rural Lenders Roundtable 9
Lender Benefits
Expand Legal Lending LimitsSecondary MarketSingle or Multi note sale of
December 5 2018 National Rural Lenders Roundtable 10
Mitigate RiskGuarantee against potential lossReduces risk of specialized collateral
New Business Development OpportunitiesCommunity Reinvestment Act
ConsiderationLocal People and Local Access
USDA Loan Guarantees
Opportunities on Secondary Marketbull Lenders have the ability to sell all or part of the guaranteed portion of the
loan to holders on the secondary marketbull Lenders may charge a servicing fee to the holders bull Lenders are encouraged to utilize the secondary market and pass the
interest-rate savings on to the borrowerbull Lender must retain title to the notes and security interest in the collateralbull The lender is required to hold a minimum of 5 of the total loan amount
which must be of the unguaranteed portion Unguaranteed portions may be participated to another lender
December 5 2018 National Rural Lenders Roundtable 11
USDA Loan Guarantees
USDA Loan Guarantees
Provides the ability to receive bull Longer Repayment
Termsbull Full Amortizationbull Higher Loan Amountsbull Competitive Interest
Rate
Benefits for
Borrowers
December 5 2018 National Rural Lenders Roundtable 12
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Bette BrandAdministrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 3
Led by Agriculture Secretary Perdue
bull Established by Presidential Executive Order in 2017
bull 22 federal agencies and departmentsbull Focused on agriculture economic
development job growth infrastructure innovation energy security and quality of life
bull Recommended over 100 legislative regulatory and policy actions
bull Actions aim to build robust sustainable rural communities for generations to come 4
Task Force on Agriculture and Rural Prosperity
USDA Rural Development
Task Force Report Answering the Call to ActionIdentified five key indicators of rural prosperity
e-Connectivity for Rural America
Improving Quality of Life
Supporting a Rural Workforce
Harnessing Technological Innovation
Economic Development
December 5 2018 5
Task Force on Agriculture and Rural Prosperity
National Rural Lenders Roundtable
Addressing the priorities established by the Task ForceObjectives and Recommended Actions Includebull Assess state of rural e-connectivity and efficacy of current
and health care accessbull Reduce regulatory barriers to infrastructure deploymentbull Incentivize private capital investmentbull Leverage existing market opportunitiesbull Advance educational training and apprenticeship
opportunitiesbull Support development of biotechnology
National Rural Lenders Roundtable6
Task Force on Agriculture and Rural Prosperity
December 5 2018
Our Role How RD Drives Rural Prosperity
Infrastructure Partnerships and Innovation (IPI)
Sec Perdue has focused Rural Development efforts on IPI
bull Robust modern infrastructure is a necessity not an amenitybull Interagency and public-private partnerships are the best way to get things donebull Complex and constantly-evolving challenges require innovation
Each element plays an invaluable role in facilitating economic development and improving rural quality of life
December 5 2018 National Rural Lenders Roundtable 7
Rural Utilities Service
bullElectric Program
bullWater amp Environmental Programs
bullTelecommunications and Broadband Programs
Rural Housing amp Community Facilities
bull Homeownership Loans
bull Home Repair Loans amp Grants
bull Mutual Self-Help Technical Assistance Grants
bull Multi-Family Housing Loans
bull Farm Labor Housing Loans amp Grants
bull Housing Preservation Grants
bull Community Facilities Loans amp Grants
bull Business and Industry Guaranteed Loans
bull Intermediary Relending Program
bull Rural Economic Development Loan and Grant Program
bull Rural Business Development Grants
bull Rural Energy for America Program
bull Biorefinery Assistance Program
bull Value Added Producer Grants
bull Cooperative Development Assistance National Rural Lenders Roundtable 8
Rural Business-Cooperative Service
Rural Development Funding Programs by Agency
USDA Rural Development
USDA Loan Guarantees
Mitigate Risk
Increase ROI
December 5 2018 National Rural Lenders Roundtable 9
Lender Benefits
Expand Legal Lending LimitsSecondary MarketSingle or Multi note sale of
December 5 2018 National Rural Lenders Roundtable 10
Mitigate RiskGuarantee against potential lossReduces risk of specialized collateral
New Business Development OpportunitiesCommunity Reinvestment Act
ConsiderationLocal People and Local Access
USDA Loan Guarantees
Opportunities on Secondary Marketbull Lenders have the ability to sell all or part of the guaranteed portion of the
loan to holders on the secondary marketbull Lenders may charge a servicing fee to the holders bull Lenders are encouraged to utilize the secondary market and pass the
interest-rate savings on to the borrowerbull Lender must retain title to the notes and security interest in the collateralbull The lender is required to hold a minimum of 5 of the total loan amount
which must be of the unguaranteed portion Unguaranteed portions may be participated to another lender
December 5 2018 National Rural Lenders Roundtable 11
USDA Loan Guarantees
USDA Loan Guarantees
Provides the ability to receive bull Longer Repayment
Termsbull Full Amortizationbull Higher Loan Amountsbull Competitive Interest
Rate
Benefits for
Borrowers
December 5 2018 National Rural Lenders Roundtable 12
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Led by Agriculture Secretary Perdue
bull Established by Presidential Executive Order in 2017
bull 22 federal agencies and departmentsbull Focused on agriculture economic
development job growth infrastructure innovation energy security and quality of life
bull Recommended over 100 legislative regulatory and policy actions
bull Actions aim to build robust sustainable rural communities for generations to come 4
Task Force on Agriculture and Rural Prosperity
USDA Rural Development
Task Force Report Answering the Call to ActionIdentified five key indicators of rural prosperity
e-Connectivity for Rural America
Improving Quality of Life
Supporting a Rural Workforce
Harnessing Technological Innovation
Economic Development
December 5 2018 5
Task Force on Agriculture and Rural Prosperity
National Rural Lenders Roundtable
Addressing the priorities established by the Task ForceObjectives and Recommended Actions Includebull Assess state of rural e-connectivity and efficacy of current
and health care accessbull Reduce regulatory barriers to infrastructure deploymentbull Incentivize private capital investmentbull Leverage existing market opportunitiesbull Advance educational training and apprenticeship
opportunitiesbull Support development of biotechnology
National Rural Lenders Roundtable6
Task Force on Agriculture and Rural Prosperity
December 5 2018
Our Role How RD Drives Rural Prosperity
Infrastructure Partnerships and Innovation (IPI)
Sec Perdue has focused Rural Development efforts on IPI
bull Robust modern infrastructure is a necessity not an amenitybull Interagency and public-private partnerships are the best way to get things donebull Complex and constantly-evolving challenges require innovation
Each element plays an invaluable role in facilitating economic development and improving rural quality of life
December 5 2018 National Rural Lenders Roundtable 7
Rural Utilities Service
bullElectric Program
bullWater amp Environmental Programs
bullTelecommunications and Broadband Programs
Rural Housing amp Community Facilities
bull Homeownership Loans
bull Home Repair Loans amp Grants
bull Mutual Self-Help Technical Assistance Grants
bull Multi-Family Housing Loans
bull Farm Labor Housing Loans amp Grants
bull Housing Preservation Grants
bull Community Facilities Loans amp Grants
bull Business and Industry Guaranteed Loans
bull Intermediary Relending Program
bull Rural Economic Development Loan and Grant Program
bull Rural Business Development Grants
bull Rural Energy for America Program
bull Biorefinery Assistance Program
bull Value Added Producer Grants
bull Cooperative Development Assistance National Rural Lenders Roundtable 8
Rural Business-Cooperative Service
Rural Development Funding Programs by Agency
USDA Rural Development
USDA Loan Guarantees
Mitigate Risk
Increase ROI
December 5 2018 National Rural Lenders Roundtable 9
Lender Benefits
Expand Legal Lending LimitsSecondary MarketSingle or Multi note sale of
December 5 2018 National Rural Lenders Roundtable 10
Mitigate RiskGuarantee against potential lossReduces risk of specialized collateral
New Business Development OpportunitiesCommunity Reinvestment Act
ConsiderationLocal People and Local Access
USDA Loan Guarantees
Opportunities on Secondary Marketbull Lenders have the ability to sell all or part of the guaranteed portion of the
loan to holders on the secondary marketbull Lenders may charge a servicing fee to the holders bull Lenders are encouraged to utilize the secondary market and pass the
interest-rate savings on to the borrowerbull Lender must retain title to the notes and security interest in the collateralbull The lender is required to hold a minimum of 5 of the total loan amount
which must be of the unguaranteed portion Unguaranteed portions may be participated to another lender
December 5 2018 National Rural Lenders Roundtable 11
USDA Loan Guarantees
USDA Loan Guarantees
Provides the ability to receive bull Longer Repayment
Termsbull Full Amortizationbull Higher Loan Amountsbull Competitive Interest
Rate
Benefits for
Borrowers
December 5 2018 National Rural Lenders Roundtable 12
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Task Force Report Answering the Call to ActionIdentified five key indicators of rural prosperity
e-Connectivity for Rural America
Improving Quality of Life
Supporting a Rural Workforce
Harnessing Technological Innovation
Economic Development
December 5 2018 5
Task Force on Agriculture and Rural Prosperity
National Rural Lenders Roundtable
Addressing the priorities established by the Task ForceObjectives and Recommended Actions Includebull Assess state of rural e-connectivity and efficacy of current
and health care accessbull Reduce regulatory barriers to infrastructure deploymentbull Incentivize private capital investmentbull Leverage existing market opportunitiesbull Advance educational training and apprenticeship
opportunitiesbull Support development of biotechnology
National Rural Lenders Roundtable6
Task Force on Agriculture and Rural Prosperity
December 5 2018
Our Role How RD Drives Rural Prosperity
Infrastructure Partnerships and Innovation (IPI)
Sec Perdue has focused Rural Development efforts on IPI
bull Robust modern infrastructure is a necessity not an amenitybull Interagency and public-private partnerships are the best way to get things donebull Complex and constantly-evolving challenges require innovation
Each element plays an invaluable role in facilitating economic development and improving rural quality of life
December 5 2018 National Rural Lenders Roundtable 7
Rural Utilities Service
bullElectric Program
bullWater amp Environmental Programs
bullTelecommunications and Broadband Programs
Rural Housing amp Community Facilities
bull Homeownership Loans
bull Home Repair Loans amp Grants
bull Mutual Self-Help Technical Assistance Grants
bull Multi-Family Housing Loans
bull Farm Labor Housing Loans amp Grants
bull Housing Preservation Grants
bull Community Facilities Loans amp Grants
bull Business and Industry Guaranteed Loans
bull Intermediary Relending Program
bull Rural Economic Development Loan and Grant Program
bull Rural Business Development Grants
bull Rural Energy for America Program
bull Biorefinery Assistance Program
bull Value Added Producer Grants
bull Cooperative Development Assistance National Rural Lenders Roundtable 8
Rural Business-Cooperative Service
Rural Development Funding Programs by Agency
USDA Rural Development
USDA Loan Guarantees
Mitigate Risk
Increase ROI
December 5 2018 National Rural Lenders Roundtable 9
Lender Benefits
Expand Legal Lending LimitsSecondary MarketSingle or Multi note sale of
December 5 2018 National Rural Lenders Roundtable 10
Mitigate RiskGuarantee against potential lossReduces risk of specialized collateral
New Business Development OpportunitiesCommunity Reinvestment Act
ConsiderationLocal People and Local Access
USDA Loan Guarantees
Opportunities on Secondary Marketbull Lenders have the ability to sell all or part of the guaranteed portion of the
loan to holders on the secondary marketbull Lenders may charge a servicing fee to the holders bull Lenders are encouraged to utilize the secondary market and pass the
interest-rate savings on to the borrowerbull Lender must retain title to the notes and security interest in the collateralbull The lender is required to hold a minimum of 5 of the total loan amount
which must be of the unguaranteed portion Unguaranteed portions may be participated to another lender
December 5 2018 National Rural Lenders Roundtable 11
USDA Loan Guarantees
USDA Loan Guarantees
Provides the ability to receive bull Longer Repayment
Termsbull Full Amortizationbull Higher Loan Amountsbull Competitive Interest
Rate
Benefits for
Borrowers
December 5 2018 National Rural Lenders Roundtable 12
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Addressing the priorities established by the Task ForceObjectives and Recommended Actions Includebull Assess state of rural e-connectivity and efficacy of current
and health care accessbull Reduce regulatory barriers to infrastructure deploymentbull Incentivize private capital investmentbull Leverage existing market opportunitiesbull Advance educational training and apprenticeship
opportunitiesbull Support development of biotechnology
National Rural Lenders Roundtable6
Task Force on Agriculture and Rural Prosperity
December 5 2018
Our Role How RD Drives Rural Prosperity
Infrastructure Partnerships and Innovation (IPI)
Sec Perdue has focused Rural Development efforts on IPI
bull Robust modern infrastructure is a necessity not an amenitybull Interagency and public-private partnerships are the best way to get things donebull Complex and constantly-evolving challenges require innovation
Each element plays an invaluable role in facilitating economic development and improving rural quality of life
December 5 2018 National Rural Lenders Roundtable 7
Rural Utilities Service
bullElectric Program
bullWater amp Environmental Programs
bullTelecommunications and Broadband Programs
Rural Housing amp Community Facilities
bull Homeownership Loans
bull Home Repair Loans amp Grants
bull Mutual Self-Help Technical Assistance Grants
bull Multi-Family Housing Loans
bull Farm Labor Housing Loans amp Grants
bull Housing Preservation Grants
bull Community Facilities Loans amp Grants
bull Business and Industry Guaranteed Loans
bull Intermediary Relending Program
bull Rural Economic Development Loan and Grant Program
bull Rural Business Development Grants
bull Rural Energy for America Program
bull Biorefinery Assistance Program
bull Value Added Producer Grants
bull Cooperative Development Assistance National Rural Lenders Roundtable 8
Rural Business-Cooperative Service
Rural Development Funding Programs by Agency
USDA Rural Development
USDA Loan Guarantees
Mitigate Risk
Increase ROI
December 5 2018 National Rural Lenders Roundtable 9
Lender Benefits
Expand Legal Lending LimitsSecondary MarketSingle or Multi note sale of
December 5 2018 National Rural Lenders Roundtable 10
Mitigate RiskGuarantee against potential lossReduces risk of specialized collateral
New Business Development OpportunitiesCommunity Reinvestment Act
ConsiderationLocal People and Local Access
USDA Loan Guarantees
Opportunities on Secondary Marketbull Lenders have the ability to sell all or part of the guaranteed portion of the
loan to holders on the secondary marketbull Lenders may charge a servicing fee to the holders bull Lenders are encouraged to utilize the secondary market and pass the
interest-rate savings on to the borrowerbull Lender must retain title to the notes and security interest in the collateralbull The lender is required to hold a minimum of 5 of the total loan amount
which must be of the unguaranteed portion Unguaranteed portions may be participated to another lender
December 5 2018 National Rural Lenders Roundtable 11
USDA Loan Guarantees
USDA Loan Guarantees
Provides the ability to receive bull Longer Repayment
Termsbull Full Amortizationbull Higher Loan Amountsbull Competitive Interest
Rate
Benefits for
Borrowers
December 5 2018 National Rural Lenders Roundtable 12
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Our Role How RD Drives Rural Prosperity
Infrastructure Partnerships and Innovation (IPI)
Sec Perdue has focused Rural Development efforts on IPI
bull Robust modern infrastructure is a necessity not an amenitybull Interagency and public-private partnerships are the best way to get things donebull Complex and constantly-evolving challenges require innovation
Each element plays an invaluable role in facilitating economic development and improving rural quality of life
December 5 2018 National Rural Lenders Roundtable 7
Rural Utilities Service
bullElectric Program
bullWater amp Environmental Programs
bullTelecommunications and Broadband Programs
Rural Housing amp Community Facilities
bull Homeownership Loans
bull Home Repair Loans amp Grants
bull Mutual Self-Help Technical Assistance Grants
bull Multi-Family Housing Loans
bull Farm Labor Housing Loans amp Grants
bull Housing Preservation Grants
bull Community Facilities Loans amp Grants
bull Business and Industry Guaranteed Loans
bull Intermediary Relending Program
bull Rural Economic Development Loan and Grant Program
bull Rural Business Development Grants
bull Rural Energy for America Program
bull Biorefinery Assistance Program
bull Value Added Producer Grants
bull Cooperative Development Assistance National Rural Lenders Roundtable 8
Rural Business-Cooperative Service
Rural Development Funding Programs by Agency
USDA Rural Development
USDA Loan Guarantees
Mitigate Risk
Increase ROI
December 5 2018 National Rural Lenders Roundtable 9
Lender Benefits
Expand Legal Lending LimitsSecondary MarketSingle or Multi note sale of
December 5 2018 National Rural Lenders Roundtable 10
Mitigate RiskGuarantee against potential lossReduces risk of specialized collateral
New Business Development OpportunitiesCommunity Reinvestment Act
ConsiderationLocal People and Local Access
USDA Loan Guarantees
Opportunities on Secondary Marketbull Lenders have the ability to sell all or part of the guaranteed portion of the
loan to holders on the secondary marketbull Lenders may charge a servicing fee to the holders bull Lenders are encouraged to utilize the secondary market and pass the
interest-rate savings on to the borrowerbull Lender must retain title to the notes and security interest in the collateralbull The lender is required to hold a minimum of 5 of the total loan amount
which must be of the unguaranteed portion Unguaranteed portions may be participated to another lender
December 5 2018 National Rural Lenders Roundtable 11
USDA Loan Guarantees
USDA Loan Guarantees
Provides the ability to receive bull Longer Repayment
Termsbull Full Amortizationbull Higher Loan Amountsbull Competitive Interest
Rate
Benefits for
Borrowers
December 5 2018 National Rural Lenders Roundtable 12
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Rural Utilities Service
bullElectric Program
bullWater amp Environmental Programs
bullTelecommunications and Broadband Programs
Rural Housing amp Community Facilities
bull Homeownership Loans
bull Home Repair Loans amp Grants
bull Mutual Self-Help Technical Assistance Grants
bull Multi-Family Housing Loans
bull Farm Labor Housing Loans amp Grants
bull Housing Preservation Grants
bull Community Facilities Loans amp Grants
bull Business and Industry Guaranteed Loans
bull Intermediary Relending Program
bull Rural Economic Development Loan and Grant Program
bull Rural Business Development Grants
bull Rural Energy for America Program
bull Biorefinery Assistance Program
bull Value Added Producer Grants
bull Cooperative Development Assistance National Rural Lenders Roundtable 8
Rural Business-Cooperative Service
Rural Development Funding Programs by Agency
USDA Rural Development
USDA Loan Guarantees
Mitigate Risk
Increase ROI
December 5 2018 National Rural Lenders Roundtable 9
Lender Benefits
Expand Legal Lending LimitsSecondary MarketSingle or Multi note sale of
December 5 2018 National Rural Lenders Roundtable 10
Mitigate RiskGuarantee against potential lossReduces risk of specialized collateral
New Business Development OpportunitiesCommunity Reinvestment Act
ConsiderationLocal People and Local Access
USDA Loan Guarantees
Opportunities on Secondary Marketbull Lenders have the ability to sell all or part of the guaranteed portion of the
loan to holders on the secondary marketbull Lenders may charge a servicing fee to the holders bull Lenders are encouraged to utilize the secondary market and pass the
interest-rate savings on to the borrowerbull Lender must retain title to the notes and security interest in the collateralbull The lender is required to hold a minimum of 5 of the total loan amount
which must be of the unguaranteed portion Unguaranteed portions may be participated to another lender
December 5 2018 National Rural Lenders Roundtable 11
USDA Loan Guarantees
USDA Loan Guarantees
Provides the ability to receive bull Longer Repayment
Termsbull Full Amortizationbull Higher Loan Amountsbull Competitive Interest
Rate
Benefits for
Borrowers
December 5 2018 National Rural Lenders Roundtable 12
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
USDA Loan Guarantees
Mitigate Risk
Increase ROI
December 5 2018 National Rural Lenders Roundtable 9
Lender Benefits
Expand Legal Lending LimitsSecondary MarketSingle or Multi note sale of
December 5 2018 National Rural Lenders Roundtable 10
Mitigate RiskGuarantee against potential lossReduces risk of specialized collateral
New Business Development OpportunitiesCommunity Reinvestment Act
ConsiderationLocal People and Local Access
USDA Loan Guarantees
Opportunities on Secondary Marketbull Lenders have the ability to sell all or part of the guaranteed portion of the
loan to holders on the secondary marketbull Lenders may charge a servicing fee to the holders bull Lenders are encouraged to utilize the secondary market and pass the
interest-rate savings on to the borrowerbull Lender must retain title to the notes and security interest in the collateralbull The lender is required to hold a minimum of 5 of the total loan amount
which must be of the unguaranteed portion Unguaranteed portions may be participated to another lender
December 5 2018 National Rural Lenders Roundtable 11
USDA Loan Guarantees
USDA Loan Guarantees
Provides the ability to receive bull Longer Repayment
Termsbull Full Amortizationbull Higher Loan Amountsbull Competitive Interest
Rate
Benefits for
Borrowers
December 5 2018 National Rural Lenders Roundtable 12
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Lender Benefits
Expand Legal Lending LimitsSecondary MarketSingle or Multi note sale of
December 5 2018 National Rural Lenders Roundtable 10
Mitigate RiskGuarantee against potential lossReduces risk of specialized collateral
New Business Development OpportunitiesCommunity Reinvestment Act
ConsiderationLocal People and Local Access
USDA Loan Guarantees
Opportunities on Secondary Marketbull Lenders have the ability to sell all or part of the guaranteed portion of the
loan to holders on the secondary marketbull Lenders may charge a servicing fee to the holders bull Lenders are encouraged to utilize the secondary market and pass the
interest-rate savings on to the borrowerbull Lender must retain title to the notes and security interest in the collateralbull The lender is required to hold a minimum of 5 of the total loan amount
which must be of the unguaranteed portion Unguaranteed portions may be participated to another lender
December 5 2018 National Rural Lenders Roundtable 11
USDA Loan Guarantees
USDA Loan Guarantees
Provides the ability to receive bull Longer Repayment
Termsbull Full Amortizationbull Higher Loan Amountsbull Competitive Interest
Rate
Benefits for
Borrowers
December 5 2018 National Rural Lenders Roundtable 12
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Opportunities on Secondary Marketbull Lenders have the ability to sell all or part of the guaranteed portion of the
loan to holders on the secondary marketbull Lenders may charge a servicing fee to the holders bull Lenders are encouraged to utilize the secondary market and pass the
interest-rate savings on to the borrowerbull Lender must retain title to the notes and security interest in the collateralbull The lender is required to hold a minimum of 5 of the total loan amount
which must be of the unguaranteed portion Unguaranteed portions may be participated to another lender
December 5 2018 National Rural Lenders Roundtable 11
USDA Loan Guarantees
USDA Loan Guarantees
Provides the ability to receive bull Longer Repayment
Termsbull Full Amortizationbull Higher Loan Amountsbull Competitive Interest
Rate
Benefits for
Borrowers
December 5 2018 National Rural Lenders Roundtable 12
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
USDA Loan Guarantees
Provides the ability to receive bull Longer Repayment
Termsbull Full Amortizationbull Higher Loan Amountsbull Competitive Interest
Rate
Benefits for
Borrowers
December 5 2018 National Rural Lenders Roundtable 12
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
December 5 2018 13
Projects in FY 2018
National Rural Lenders Roundtable
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Some 2019 Rural Development Goals
December 5 2018 National Rural Lenders Roundtable 14
bull Utilize our projects to fight the opioid epidemicbull Increase assistance to distressed communities bull Modernize rural homes and businesses with energy efficiencybull Deliver Broadband Pilot Program for rural areas lacking servicebull Maximize Rural Water Works for modern water systemsbull Increase leverage of guaranteed loans into RBS projects by 1bull Achieve BampI and REAP delinquency rate of not more than 4 bull Achieve Multi-Family Housing delinquency rate for reach state of less than 2bull Maintain 3 or less delinquency rate for Single Family Housing programbull Increase Community Facilities applications for rural transportation
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Mark BrodziskiDeputy Administrator
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 15
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Business amp Industry (BampI)This program is authorized by the Consolidated Farm and Rural Development Act
Purpose is to improve develop or finance business industry and employment and improve the economic and environmental climate in rural communities
Bolster the existing private credit structure through the guarantee of quality loans that will provide lasting community benefits
December 5 2018 National Rural Lenders Roundtable 16
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Guarantee PercentagesRatesTermsbull 80 for loans of $5 million or lessbull 70 for loans between $5 and $10 millionbull 60 for loans exceeding $10 million up to $25 million maximum
bull The initial guarantee fee is 3 upon issuance of the Loan Note Guaranteebull An annual renewal fee of 05 is due based on the 1231 principal balance
bull Rates and Terms ndash Same as REAP
December 5 2018 National Rural Lenders Roundtable 17
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
December 5 2018 National Rural Lenders Roundtable 18
Business amp Industry (BampI)
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Eligible Purposes
bull Business conversion enlargement repair modernization or development
bull Purchase and development of land buildings or facilitiesbull Purchase of equipment machinery supplies or inventorybull Debt refinancing when refinancing improves cash flow and
creates or saves jobsbull Business and industrial acquisitions when the loan will create
or save jobs
December 5 2018 National Rural Lenders Roundtable 19
Business amp Industry (BampI)
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
2016 Regulation Enhancements More Eligible Purposes
bull Business Ownership Conversions through ESOPs or Cooperative Ownership
bull Projects that use New Markets Tax Credits as an equity source
bull Local Food Hubs
December 5 2018 National Rural Lenders Roundtable 20
Business amp Industry (BampI)
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Loan Activitybull 342 Loans
Loan Volumebull $12 Billion
Business amp Industry (B amp I)
109$553876186
233$654591532
0
10
20
30
40
50
60
70
80
90
100
Number of Loans Total $ of Loans
B amp I FY 2018Top-10 Lenders ($ Volume) Other 163 Lenders
December 5 2018 National Rural Lenders Roundtable 21
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Business amp Industry (B amp I)
NAICS Industry Sector Total Amount
of Loans
Total Number of
Loans
Percentage of Total Amount
Avg Loan Amount
72 Accomendation and Food Services 373701054$ 90 310 415223393$ 31 - 33 Manufacturing 179503195$ 54 149 332413324$ 22 Utilities 150115000$ 39 125 384910256$ 53 Real Estate Rental and Leasing 116635742$ 37 97 315231735$ 62 Health Care and Social Assistance 89962084$ 30 75 299873613$ 42 Wholesale Trade 66353357$ 16 55 414708481$ 44 - 45 Retail Trade 48768480$ 26 40 187571077$ 71 Arts Entertainment and Recreation 40298500$ 12 33 335820833$ 11 Agriculture Forestry Fishing and Hunting 34544000$ 6 29 575733333$ 21 Mining Quarrying and Oil and Gas Extraction 33070125$ 7 27 472430357$ 51 Information 24200000$ 6 20 403333333$ 92 Public Administration 10140000$ 2 08 507000000$ 48 - 49 Transportation and Warehousing 10000000$ 2 08 500000000$ 81 Other Services 7704000$ 6 06 128400000$ 23 Construction 6457579$ 4 05 161439475$ 61 Educational Services 5120000$ 1 04 512000000$ 56 Admin amp Support and Waste Mgt amp Remediation 4525000$ 1 04 452500000$ 54 Professional Scientific and Technical Services 3805860$ 2 03 190293000$ Grand Total 1204903976$ 341 1000 353344274$
FY 2018
December 5 2018 National Rural Lenders Roundtable 22
Summary
Detail
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
Fcly Geo St Nm
Borr Nm
Guaranteed Loan Amt
Prim Naics Cd
NAICS3
NAICS2
MONTANA
PARDUE GRAIN INC
$5000000
111199
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
MISSOURI
BONACKER FARMS INC
$264000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
ILLINOIS
CLEARWATER ORGANIC FARMS ILLINOIS LLC
$4000000
111419
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
TEXAS
SEVILLE FARMS INC
$15000000
111422
111 Crop Production
11 Agriculture Forestry Fishing and Hunting
IOWA
EAGLES CATCH LLP
$10000000
112
112 Animal Production and Aquaculture
11 Agriculture Forestry Fishing and Hunting
NEBRASKA
INNOVATIVE AG GROUP LLC
$280000
115112
115 Support Activities for Agriculture and Forestry
11 Agriculture Forestry Fishing and Hunting
KENTUCKY
PRIMROSE OIL LLC
$2800000
211111
211 Oil and Gas Extraction
21 Mining Quarrying and Oil and Gas Extraction
FLORIDA
NOTRE DAME INVESTORS INC
$10000000
212321
212 Mining (except Oil and Gas)
21 Mining Quarrying and Oil and Gas Extraction
LOUISIANA
BLAKE INTERNATIONAL RIGS LLC
$7500000
213111
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
TETON SNUBBING SERVICES LLC
$1009625
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
WYOMING
STRATEGIC WELL SERVICE LLC
$360500
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
NEW MEXICO
MAVERICK COATING SERVICE LLC
$1400000
213112
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
KENTUCKY
JRL COAL INC
$10000000
213113
213 Support Activities for Mining
21 Mining Quarrying and Oil and Gas Extraction
PENNSYLVANIA
YORK HAVEN POWER COMPANY LLC
$4000000
221111
221 Utilities
22 Utilities
NORTH CAROLINA
OLD CAROLEEN SOLAR FARM LLC
$2100000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 55 LLC
$5000000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ISLAND GROVE SOLAR LLC
$1850000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 3 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
TUMBLEWEED SOLAR LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 8 LLC
$5000000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 5 LLC
$2000000
221114
221 Utilities
22 Utilities
VERMONT
NEXT GENERATION SOLAR FARM LLC
$4100000
221114
221 Utilities
22 Utilities
OREGON
OR SOLAR 6 LLC
$4500000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2398000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
HEELSTONE ENERGY LLC
$2552000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
SAMARCAND SOLAR FARM LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
KENANSVILLE SOLAR FARM LLC
$3040000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED HILL SOLAR CENTER LLC
$3050000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA NEWTON GROVE 1 NC LLC
$1280000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
NASHVILLE FARMS LLC
$1420000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ZV SOLAR 3 LLC
$3310000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
RED TOAD 1425 A POWATAN ROAD LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
MORGAN FARM LLC
$2940000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
LAURINBURG SOLAR LLC
$1275000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SMITHFIELD 1 NC LLC
$1225000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
INNOVATIVE SOLAR 23 LLC
$1365000
221114
221 Utilities
22 Utilities
NORTH CAROLINA
ESA SELMA NC 1 LLC
$1280000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
GASTON SOLAR I LLC
$7500000
221114
221 Utilities
22 Utilities
TEXAS
LEON SOLAR LLC
$8300000
221114
221 Utilities
22 Utilities
NEW YORK
JEFFERSON SOLAR LLC
$2250000
221114
221 Utilities
22 Utilities
NEW YORK
ADIRONDACK SOLAR LLC
$1525000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
CURIE SOLAR LLC
$2790000
221114
221 Utilities
22 Utilities
TEXAS
EDDY SOLAR II LLC
$6800000
221114
221 Utilities
22 Utilities
TEXAS
BRONSON SOLAR LLC
$7150000
221114
221 Utilities
22 Utilities
TEXAS
CASCADE SOLAR LLC
$7100000
221114
221 Utilities
22 Utilities
TEXAS
CHISUM SOLAR LLC
$8000000
221114
221 Utilities
22 Utilities
TEXAS
BOVINE SOLAR LLC
$7000000
221114
221 Utilities
22 Utilities
TEXAS
YELLOW JACKET SOLAR LLC
$3650000
221114
221 Utilities
22 Utilities
SOUTH CAROLINA
NIMITZ SOLAR LLC
$10000000
221114
221 Utilities
22 Utilities
PENNSYLVANIA
FRONTIER LNG LLC
$5000000
221210
221 Utilities
22 Utilities
MISSOURI
WILLIAM R BRADSHAW
$164000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
MOHAWK ELECTRIC LLC HAWKS LEASING LLC
$1360000
237130
237 Heavy and Civil Engineering Construction
23 Construction
MISSOURI
H amp H BRIDGE COMPANY
$1346000
237310
237 Heavy and Civil Engineering Construction
23 Construction
WYOMING
MELGAARD CONSTRUCTION CO INC
$3587579
238910
238 Speciality Trade Contractors
23 Construction
MISSOURI
BampB CAPITAL LLC
$1024000
311119
311 Food Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$533000
311119
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
ILLINOIS
THE MANNA GROUP
$2500000
31141
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
IDAHO NATURAL amp ORGANIC FOODS INC
$1985000
311412
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
RIVERSIDE FOODS INC
$3200000
311421
311 Food Manufacturing
31 - 33 Manufacturing
WISCONSIN
LAKESIDE FOODS INC
$10000000
311421
311 Food Manufacturing
31 - 33 Manufacturing
IDAHO
MAGIC VALLEY QUALITY MILK PRODUCERS INC
$8800000
311514
311 Food Manufacturing
31 - 33 Manufacturing
ALABAMA
MRAINE INDUSTRIES LLC
$2720000
312112
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
THISTLE BREWERY LLC
$853600
312120
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
CALIFORNIA
DP ENTERPRISES LP
$4217000
312130
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
TENNESSEE DISTILLING GROUP LLC
$5000000
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
APPALACHIAN DISTILLERY LLC
$441611
312140
312 Beverage and Tobacco Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
VIDALIA INDUSTRIAL FACILITIES LLC
$25000000
313210
313 Textile Mills
31 - 33 Manufacturing
OHIO
OHIO VALLEY VENEER INC
$6420673
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$2845143
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
TENNESSEE
STEPHENS HARDWOOD LLC
$1154857
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
MANTHEI INC
$5000000
321113
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
WEST VIRGINIA GREAT BARREL COMPANY LLC
$6300000
3219
321 Wood Product Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
VALENDRAWERS INC
$2750000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
MCDANIEL AMANDA V
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
WEST VIRGINIA
SHENANDOAH PLANING MILL LLC
$600000
321999
321 Wood Product Manufacturing
31 - 33 Manufacturing
MISSOURI
DEDICATED CONVERTING GROUP INC
$908000
322220
322 Paper Manufacturing
31 - 33 Manufacturing
NEW MEXICO
TUCUMCARI BIO-ENERGY COMPANY
$2591000
325193
325 Chemical Manufacturing
31 - 33 Manufacturing
WISCONSIN
AESSE INVESTMENTS LTD
$6200000
325211
325 Chemical Manufacturing
31 - 33 Manufacturing
NORTH CAROLINA
LBP RE LLC (OC)
$4210000
326199
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
ARKANSAS
BIG RIVER MANUFACTURING LLC
$846000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
COLORADO
OBERMEYER HYDRO ACCESSORIES INC
$750000
326291
326 Plastics and Rubber Products Manufacturing
31 - 33 Manufacturing
WISCONSIN
VERRETTE MATERIALS INC
$2450000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
BARAY ENTERPRISES INC DBA NANCE PRECAS
$700000
327320
327 Nonmetallic Mineral Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
KampB MACHINE WORKS LLC
$20359000
331110
331 Primary Metal Manufacturing
31 - 33 Manufacturing
FLORIDA
SUGAR TOWN LLC
$4040000
331313
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$1338388
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$936612
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
ILLINOIS
ROWE FOUNDRY INC
$2720000
331511
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IOWA
NORTHERN IOWA DIE CASTING INC
$3520000
331523
331 Primary Metal Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$48791
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
IDAHO
TampR WELDING INC
$43520
332313
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OREGON
FORMOLOGY INC
$1063000
332323
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
NEW MEXICO
SISCO JIMMY
$116000
332710
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OHIO
PENCO ACQUISTION COMPANY LLC
$1125000
332721
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
OKLAHOMA
OKLAHOMA CUSTOM COATINGS LLC
$4269000
332812
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELTECH CONTROLS LLC
$1000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
LOUISIANA
DELVAL FLOW CONTROLS USA LLC
$5000000
332911
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
FLORIDA
APPLIED FIBER HOLDINGS LLC
$3200000
332999
332 Fabricated Metal Product Manufacturing
31 - 33 Manufacturing
MICHIGAN
GSE MACHINING amp FABRICATION INC
$2560000
333298
333 Machinery Manufacturing
31 - 33 Manufacturing
MISSOURI
NEMO MANUFACTURING INC
$515000
334418
334 Computer and Electric Product Manufacturing
31 - 33 Manufacturing
ALABAMA
CAR TECH LLC
$10000000
336370
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$515000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
MICHIGAN
WPI LLC
$1220000
336390
336 Transportation Equipment Manufacturing
31 - 33 Manufacturing
NEW YORK
ACW PROPERTIES LLC
$596000
337110
337 Furniture and Related Product Manufacturing
31 - 33 Manufacturing
MISSOURI
BampB CAPITAL LLC
$1118000
339900
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
KENTUCKY
WEBBED SPHERE INC
$500000
339930
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
IOWA
MILKHOUSE CREAMERY INC
$600000
339999
339 Miscellaneous Manufacturing
31 - 33 Manufacturing
COLORADO
LEISTER MATERIALS LIMITED
$1600000
423320
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
LOUISIANA
MODERN AMERICAN RAILROAD SERVICES LLC
$7500000
423930
423 Merchant Wholesalers Durable Goods
42 Wholesale Trade
FLORIDA
WM G ROE amp SONS INC
$9000000
424480
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
COLORADO
L7 FM ELEVATOR LLC
$3667600
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
WISCONSIN
NUTRITION SERVICE COMPANY INC
$2814757
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MINNESOTA
STONY RIDGE FOODS INC
$950000
424510
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
ALASKA
VITUS ENERGY LLC
$14000000
424700
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
FLORIDA
MID STATE ENERGY INC
$2500000
424720
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
DEBOER AGRICULTURAL HOLDINGS LLC
$5000000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IOWA
PARKER AG INNOVATIONS INC
$300000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
MISSOURI
ROCK RIDGE FARMS PRODUCTION LLC
$141000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
IDAHO
HIGH PLAINS SILAGE LLC
$1500000
424910
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
OHIO
TIMBUK II PLANT CO TIMBUK FARMS INC
$1700000
424930
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
CARDILE MUSHROOMS CampM LLC
$5000000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
PENNSYLVANIA
C amp C ENTITY LP
$4840000
424990
424 Merchant Wholesalers Nondurable Goods
42 Wholesale Trade
TEXAS
EB INTERNATIONAL LLC
$5840000
425120
425 Wholesale Electronic Markets and Agents and Brokers
42 Wholesale Trade
IDAHO
K2 HOLDINGSDIAMOND H TRAILER SALES LLC
$390000
441210
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
NEW YORK
PRUDENCE PROPERTIES LLC
$715000
441310
441 Motor Vehicle and Parts Dealers
44 - 45 Retail Trade
MONTANA
OUTWEST FURNITURE INC amp JULIE TROXLER
$840980
442110
442 Furniture and Home Furnishings Stores
44 - 45 Retail Trade
WYOMING
WYOMING HOME amp RANCH OF CODY INC
$1135000
444130
444 Building Material and Garden Equipment and Supplies Dealers
44 - 45 Retail Trade
FLORIDA
YNDI FOOD INC
$1967650
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
FLORIDA
RYTA FOOD CORP
$1810000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MINNESOTA
RED LAKE RETAIL CENTER INC
$6544000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
MAIN STREET MARKET CO
$4025000
445110
445 Food and Beverage Stores
44 - 45 Retail Trade
WYOMING
3 BELL LLC
$1250000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
ARIZONA
LONE BUTTE TRADE CENTER 3 LLC
$1030000
445120
445 Food and Beverage Stores
44 - 45 Retail Trade
MISSOURI
STOCKTON INTERNATIONAL INC
$329000
446120
446 Health and Personal Care Stores
44 - 45 Retail Trade
CALIFORNIA
SAMRA amp SONS INC
$5000000
447100
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RIVERSIDE COUNTY TRAVEL ZONE CENTER LLC
$7897800
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
MARUTI OIL LLC
$1787500
447110
447 Gasoline Stations
44 - 45 Retail Trade
MISSOURI
PRINGEL INC
$2160000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
RS PETRO INC
$2053000
447110
447 Gasoline Stations
44 - 45 Retail Trade
ALABAMA
JAI LAXMI LLC
$1522700
447110
447 Gasoline Stations
44 - 45 Retail Trade
WASHINGTON
SINGH AND PARKS LLC
$1038000
447110
447 Gasoline Stations
44 - 45 Retail Trade
GEORGIA
RBC-5INC
$1310000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
PAVILION LAND COMPANY LLC
$1900000
447110
447 Gasoline Stations
44 - 45 Retail Trade
CALIFORNIA
AWADIS RAFAT AND SANA
$591000
447190
447 Gasoline Stations
44 - 45 Retail Trade
NEBRASKA
NIXON MELANEE amp JON
$71250
448140
448 Clothing and Clothing Accessories Stores
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$1611600
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
TENNESSEE
UNCLE LEMS PIGEON FORGE LLC
$209000
453998
453 Miscellaneous Store Retailers
44 - 45 Retail Trade
MARYLAND
MARY MATHA INVESTMENT LLC
$960000
454310
454 Nonstore Retailers
44 - 45 Retail Trade
MISSOURI
OLIVIAS HEARTLAND LLC
$620000
454390
454 Nonstore Retailers
44 - 45 Retail Trade
NEW YORK
WINGS AIR HELICOPTERS LLC
$5000000
481211
481 Air Transportation
48 - 49 Transportation and Warehousing
WYOMING
TIGER TRANSFER LLC
$5000000
482111
481 Air Transportation
48 - 49 Transportation and Warehousing
OKLAHOMA
CENTER CINEMAS INC
$4700000
512100
512 Motion Picture and Sound Recording Industries
51 Information
MINNESOTA
MINNESOTA VALLEY TELEVISION IMPROV CORP
$2500000
517110
517 Telecommunications
51 Information
ILLINOIS
WISPER ISP INC
$5000000
517210
517 Telecommunications
51 Information
ALASKA
QUINTILLION SUBSEA OPERATIONS LLC
$7200000
517311
517 Telecommunications
51 Information
WYOMING
CHUGWATER TELEPHONE CO
$1600000
517919
517 Telecommunications
51 Information
WYOMING
VISIONARY COMMUNICATIONS INC
$3200000
517919
517 Telecommunications
51 Information
NEW MEXICO
WHITEHEAD PARTNERS LLC
$266000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$108000
531110
531 Real Estate
53 Real Estate Rental and Leasing
WEST VIRGINIA
DREW HOLDINGS LLC
$1088000
531110
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
CREEDMOOR FUEL SERVICES INC
$3300000
531110
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
12 OAKS FARM LLC
$1415000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
SOUTHPORT WATERFRONT PROPERTIES LLC
$3100000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
4D LLC
$1537500
531120
531 Real Estate
53 Real Estate Rental and Leasing
MISSOURI
ST LOUIS GROCERY REAL ESTATE LLC
$10000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARIZONA
COLORADO RIVER EVENTS LLC
$4268000
531120
531 Real Estate
53 Real Estate Rental and Leasing
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
VIRGIN ISLANDS
ZEFOS ENTERPRISES
$3300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
ELM POINTE II RETAIL LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$3800000
531120
531 Real Estate
53 Real Estate Rental and Leasing
FLORIDA
LAKE WALES-SCHIPPERS LLC
$1000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
MICHIGAN
VILLAGE PLAZA GROUP LLC
$1876000
531120
531 Real Estate
53 Real Estate Rental and Leasing
TEXAS
MOMMAR PROPERTIES LLC
$3296000
531120
531 Real Estate
53 Real Estate Rental and Leasing
GEORGIA
1912 MEMORIAL DRIVE REAL ESTATE LLC
$7300000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IOWA
LampE OUTFITTING LLC
$1486807
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
WI4C2TS LLC CDARE GROUP LLC
$3680000
531120
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
CHILDRENS KIVA BUILDING CORPORATION
$1120000
531120
531 Real Estate
53 Real Estate Rental and Leasing
OHIO
GRP RE OH LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ARKANSAS
1401 US HIGHWAY 49B REAL ESTATE LLC
$9500000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$598500
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
KJ COLD STORAGE LLC
$4320000
531120
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
SAN ANTONIO CENTER LLC
$5000000
531120
531 Real Estate
53 Real Estate Rental and Leasing
WISCONSIN
PREM BROTHERS PROPERTIES LLC
$2496000
531120
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
PRP II LLC
$3675000
531120
531 Real Estate
53 Real Estate Rental and Leasing
ILLINOIS
BLAKEWELL PROPERTIES LLC
$1216408
531130
531 Real Estate
53 Real Estate Rental and Leasing
COLORADO
HEALDWORKS INC
$2088809
531130
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2184000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$2272000
531190
531 Real Estate
53 Real Estate Rental and Leasing
NORTH CAROLINA
FBS LAND HOLDCO LLC
$236000
531190
531 Real Estate
53 Real Estate Rental and Leasing
OKLAHOMA
AampD INVESTMENT SOLUTIONS LLC
$1200000
531390
531 Real Estate
53 Real Estate Rental and Leasing
IDAHO
RECRE8 OUTDOORS LLC
$310718
532120
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
LADY MONROE LLC
$5657000
532411
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
LOUISIANA
BLAKE INTERNATIONAL USA RIGS LLC
$7500000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
OHIO
WILLIAM WESLEY CARNES SR INC
$1440000
532412
532 Rental and Leasing Services
53 Real Estate Rental and Leasing
MISSOURI
CVC PRACTICE LLC
$438000
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
LOUISIANA
NORTHLAKE VETERINARY HOSPITAL LLC
$3367860
541940
541 Professional Scientific and Technical Services
54 Professional Scientific and Technical Services
FLORIDA
CES SYNERGIES INC
$4525000
562910
562 Waste Management and Remediation Services
56 Administrative and Support and Waste Management and Remediation Services
IDAHO
THE ACADEMY INC
$5120000
611110
611 Educational Services
61 Educational Services
KANSAS
MANZER FAMILY MEDICINE LLC
$194787
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
COMPREHENSIVE ORTHOPEDICS LLC
$820000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
051469 REAL ESTATE HOLDINGS LLC
$1155000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
VIRGIN ISLANDS
LIBERTY MEDICAL DEVELOPMENT LLC
$2825000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MICHIGAN
INTERCARE COMMUNITY HEALTH NETWORK
$1225000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
MANZER FAMILY MEDICINE LLC
$21000
621111
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$392000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
MISSOURI
BIG SPRINGS MEDICAL ASSOCIATION
$2325000
621210
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
WILLIAMSEN INVESTMENTS LLC
$744000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
WYOMING
S2 LLC HAND THERAPY OF WY LLC
$1796000
621340
621 Ambulatory Health Care Services
62 Health Care and Social Assistance
ARKANSAS
APPLE HEALTHCARE LLC
$9532786
622110
622 Hospitals
62 Health Care and Social Assistance
MISSOURI
COOPER COUNTY COMMUNITY HOSPITAL LLC
$3450000
622110
622 Hospitals
62 Health Care and Social Assistance
WYOMING
MOUNTAIN LODGE LLC
$4800000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MISSOURI
HOLDCO FARMINGTON MO LLC
$2735000
623110
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IOWA
TENCO INDUSTRIES INC
$1100000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
CALIFORNIA
BAY AREA HOUSING CORPORATION
$535000
623210
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MICHIGAN
THE RIVERGLENS LLC
$2066500
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
VIRGINIA
BERRYVILLE AL LLC
$8290000
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
IDAHO
WILSON-ROCHE INVESTMENTS LLC
$343600
623311
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
MINNESOTA
RESIDENTIAL OPTIONS INC
$6704000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
SENIOR DEVELOPMENT OF FLORIDA LLC
$10000000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
WATERS EDGE PROPERTY LLC
$7500000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
SOUTH CAROLINA
2591 N FRASER LLC DBA GEORGETOWN ASSIST
$4800000
623312
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
FLORIDA
JACKSON OAKS LLC
$9625000
623990
623 Nursing and Residential Care Facilities
62 Health Care and Social Assistance
NEW MEXICO
LA VIDA FALICIDAD INC
$1287000
624120
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
I CAN TOO LEARNING CENTER LLC
$570000
624410
624 Social Assistance
62 Health Care and Social Assistance
MISSOURI
STECK PROPERTIES LLC
$325000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$692500
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
CROWNED HART PRESCHOOLS INC ET AL
$2397000
624410
624 Social Assistance
62 Health Care and Social Assistance
FLORIDA
HART 2 HART ACADEMY INC
$1710911
624410
624 Social Assistance
62 Health Care and Social Assistance
NEBRASKA
MEERA LLC
$1162500
711100
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TENNESSEE
GRAYSTONE QUARRY EVENTS LLC
$10000000
711310
711 Performing Arts Spectator Sports and Related Industries
71 Arts Entertainment and Recreation
TEXAS
GATOR BAYOU LLC
$5000000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
SHEPHERD OF THE HILLS DEVELOPMENT LLC
$9576000
713110
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
PENNSYLVANIA
KINZUA LTD
$444000
713390
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
MT SPOKANE 2000 DBA MT SPOKANE SKI
$1310000
713920
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1025000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
MISSOURI
MONTEGO BAY MARINA INC ETAL
$1038000
713930
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
NORTH CAROLINA
RAINBOW LANES LLC
$2043000
713950
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
IOWA
PROSPECT MEADOWS INC
$5000000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WASHINGTON
DBS ENTERPRISES INC
$560000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
WYOMING
BETS LLC
$3140000
713990
713 Amusement Gambling and Recreation Industries
71 Arts Entertainment and Recreation
INDIANA
LAXMIBALAJI LLC
$3000000
72110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
BVM GROUP LLC
$4733325
72110
721 Accommodation
72 Accomendation and Food Services
WYOMING
NEWCASTLE LODGE LLC
$3825515
72111
721 Accommodation
72 Accomendation and Food Services
KANSAS
SLNH LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
ASHLAND COBBLESTONE LLC
$4608000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
CKD LODGING INC DBA MOTEL 6
$1036000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
KARISHMA CHANDNI VENTURE INC DBA MOTEL
$1680000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
ARISTO PROPERTY HOLDINGS INC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
TINWOODS INC
$2950000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
FRANK HOTELS WINTHROP INN LLC
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
COLORADO RIVER LODGING LLC
$8755000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
HOUMA HOTEL LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SILVER LINING HOSPITALITY LLC
$4375000
721110
721 Accommodation
72 Accomendation and Food Services
WEST VIRGINIA
KC HOTELS LLC
$2210000
721110
721 Accommodation
72 Accomendation and Food Services
NEBRASKA
CHIEF HOSPITALITY LLC
$3160000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
88 RIDGE ROYALE LLC
$1261000
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
DIXIE HOTEL LLC
$6663000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
30 LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
HIE DRIPPING SPRINGS LLC
$8745800
721110
721 Accommodation
72 Accomendation and Food Services
UTAH
TORRY HOSPITALITY LLC
$1145000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ME2-MICHAEL ECHOLS ENTERPRISES LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
KARTAR HOSPITALITY LLC
$3900000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
OM HOSPITALITY LLC
$1633000
721110
721 Accommodation
72 Accomendation and Food Services
VIRGINIA
AampH HOSPITALITY INC
$3925000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
SHIV OF ORANGEBURG LLC
$3155000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
HOOSIER HOSPITALITY OF FRENCH LICK LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HILTON HEAD HOSPITALITY LLC
$4800000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
PRO HOSPITALITY THREE CHINLE LLC
$6600000
721110
721 Accommodation
72 Accomendation and Food Services
OHIO
CJ LODGING INC
$4525000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
OASIS HOSPITALITY LLC
$7050000
721110
721 Accommodation
72 Accomendation and Food Services
WYOMING
KEM REAL ESTATE LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
LOTUS SLIDELL LLC
$2739500
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
YC BOULDER HOTEL LLC
$2543000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
ROBERTS GROUP II LLC
$9225000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
REDDYCO3
$665000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
LAKE CITY HOSPITALITY LLC
$4000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
OLD US HOSPITALITY LLC
$3840000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
P2C HOTELS
$3885000
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH CAROLINA
HMS1 LLC amp HMS HOTELS OF RICHBURG LLC
$9450000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
HISTORY amp HERITAGE CENTER
$4740000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
ROCK VIEW RESORT INC
$335000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SAHAS HOSPITALITY LLC
$8330870
721110
721 Accommodation
72 Accomendation and Food Services
SOUTH DAKOTA
ATLANTIS LLC
$8200000
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$2052297
721110
721 Accommodation
72 Accomendation and Food Services
IDAHO
POSTFALLS HOTELS LLC
$7014319
721110
721 Accommodation
72 Accomendation and Food Services
WASHINGTON
ALTANATURAL CORPORATION
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
ALACHUA HIGHPOINT LLC
$10000000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
BATTEY DOWNTOWN LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
MONROE AMERICAN HOSPITALITY LLC
$3898600
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
ARNEEL HOSPITALITY LV LLC
$3750000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
GREAT STAY HAZEN HOTEL INVESTORS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NEVADA
DANA HOTEL LODGING LLC
$4348000
721110
721 Accommodation
72 Accomendation and Food Services
COLORADO
TRINITY HOSPITALITY LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH DAKOTA
ADB INVESTMENTS ND LLC
$1999000
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
EXCELL HOSPITALITY INC
$3700000
721110
721 Accommodation
72 Accomendation and Food Services
TEXAS
SANCHI HOTELS LLC
$6167000
721110
721 Accommodation
72 Accomendation and Food Services
GEORGIA
2005 DEAN AVENUE LLC
$1688000
721110
721 Accommodation
72 Accomendation and Food Services
MICHIGAN
PROMISED LAND MANAGEMENT INC
$443398
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
ELOY MANAGEMENT INC
$1357000
721110
721 Accommodation
72 Accomendation and Food Services
MISSISSIPPI
DHAN LAKSHMI LLC DBA SINGING RIVER INN
$1000000
721110
721 Accommodation
72 Accomendation and Food Services
PENNSYLVANIA
BAS ASSOCIATES
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
INDIANA
JASPER INVESTMENT GROUP LLC
$3402000
721110
721 Accommodation
72 Accomendation and Food Services
MONTANA
KYO LLC
$591350
721110
721 Accommodation
72 Accomendation and Food Services
PUERTO RICO
DBWB3131 RENTALS LLC
$2284000
721110
721 Accommodation
72 Accomendation and Food Services
OREGON
STARFISH MANOR LINCOLN CITY LLC
$9821000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
BESCO INVESTMENTS INC
$2532000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
GRAND PLAZA HOTEL LLC
$6720000
721110
721 Accommodation
72 Accomendation and Food Services
MISSOURI
CEDAR WOOD RESORT LLC
$658000
721110
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
GUNDERSON ROCK LLC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
NOTTOWAY PROPERTIES LLC
$4220000
721110
721 Accommodation
72 Accomendation and Food Services
NEW MEXICO
RAM KABIR INVESTMENTS
$490000
721110
721 Accommodation
72 Accomendation and Food Services
NEW YORK
GRAND ISLAND HOTEL LLC
$7500000
721110
721 Accommodation
72 Accomendation and Food Services
WISCONSIN
EampM ELKHORN LLC
$7710900
721110
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
SEVA INVESTMENTS LLC
$5000000
721110
721 Accommodation
72 Accomendation and Food Services
LOUISIANA
ALH PROPERTIES NO 5 INC
$2600000
721110
721 Accommodation
72 Accomendation and Food Services
ARIZONA
LAKESIDE LODGING LLC
$1703100
721110
721 Accommodation
72 Accomendation and Food Services
FLORIDA
KEYS PHASE ONE LLC
$2860000
721192
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
HONEY-LAND LLC
$1373000
721210
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$3358400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1878400
721211
721 Accommodation
72 Accomendation and Food Services
UTAH
OSIRIS LLC
$1227680
721211
721 Accommodation
72 Accomendation and Food Services
NORTH CAROLINA
NORTHGATE GOLDEN VALLEY LLC
$10000000
721211
721 Accommodation
72 Accomendation and Food Services
OREGON
OREGON DUNES OFFROAD RESORT LLC
$1350000
721211
721 Accommodation
72 Accomendation and Food Services
NEW JERSEY
CAMP LOUEMMA LANE INC
$1420000
721211
721 Accommodation
72 Accomendation and Food Services
COLORADO
DURANGO STARR LLC
$2650000
721211
721 Accommodation
72 Accomendation and Food Services
IDAHO
RED HORSE PROPERTIES LLC
$3600000
721214
721 Accommodation
72 Accomendation and Food Services
CALIFORNIA
SCHNEIDER KENNETH
$952600
721214
721 Accommodation
72 Accomendation and Food Services
MISSOURI
HOPPERS PUB LLC
$1192000
722511
722 Food Services and Drinking Places
72 Accomendation and Food Services
KENTUCKY
BWR PULASKI PROPERTIES LLC
$2400000
722513
722 Food Services and Drinking Places
72 Accomendation and Food Services
OHIO
MUSIC JONATHAN A
$285000
811111
811 Repair and Maintenance
81 Other Services
NEW MEXICO
BARROS FEDERICO
$300000
811111
811 Repair and Maintenance
81 Other Services
MISSOURI
OSCO LEASING 1 LLC
$1500000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$327000
811192
811 Repair and Maintenance
81 Other Services
MISSOURI
ELITE EXPRESS WASH LLC
$292000
811192
811 Repair and Maintenance
81 Other Services
TEXAS
TRIO PARKING LLC
$5000000
812930
812 Personal and Laundry Services
81 Other Services
OHIO
MARION COUNTY GENERAL HEALTH DISTRICT
$140000
923120
923 Administration of Public Health Programs
92 Public Administration
VIRGINIA
IDA OF PULASKI COUNTY VIRGINIA
$10000000
926110
926 Administration of Economic Programs
92 Public Administration
NAICS Sector Sub-Sector
Guaranteed Loan Amt
Guaranteed count
NAICS Industry Sector
Total Amount of Loans
Total Number of Loans
Percentage of Total Amount
of Loans in
Avg Loan Amount
11 Agriculture Forestry Fishing and Hunting
$34544000
6
72 Accomendation and Food Services
$ 373701054
90
310
2639
$ 415223393
21 Mining Quarrying and Oil and Gas Extraction
$33070125
7
31 - 33 Manufacturing
$ 179503195
54
149
1584
$ 332413324
22 Utilities
$150115000
39
22 Utilities
$ 150115000
39
125
1144
$ 384910256
23 Construction
$6457579
4
53 Real Estate Rental and Leasing
$ 116635742
37
97
1085
$ 315231735
31 - 33 Manufacturing
$179503195
54
62 Health Care and Social Assistance
$ 89962084
30
75
880
$ 299873613
42 Wholesale Trade
$66353357
16
42 Wholesale Trade
$ 66353357
16
55
469
$ 414708481
44 - 45 Retail Trade
$48768480
26
44 - 45 Retail Trade
$ 48768480
26
40
762
$ 187571077
48 - 49 Transportation and Warehousing
$10000000
2
71 Arts Entertainment and Recreation
$ 40298500
12
33
352
$ 335820833
51 Information
$24200000
6
11 Agriculture Forestry Fishing and Hunting
$ 34544000
6
29
176
$ 575733333
53 Real Estate Rental and Leasing
$116635742
37
21 Mining Quarrying and Oil and Gas Extraction
$ 33070125
7
27
205
$ 472430357
54 Professional Scientific and Technical Services
$3805860
2
51 Information
$ 24200000
6
20
176
$ 403333333
56 Administrative and Support and Waste Management and Remediation Services
$4525000
1
92 Public Administration
$ 10140000
2
08
059
$ 507000000
61 Educational Services
$5120000
1
48 - 49 Transportation and Warehousing
$ 10000000
2
08
059
$ 500000000
62 Health Care and Social Assistance
$89962084
30
81 Other Services
$ 7704000
6
06
176
$ 128400000
71 Arts Entertainment and Recreation
$40298500
12
23 Construction
$ 6457579
4
05
117
$ 161439475
72 Accomendation and Food Services
$373701054
90
61 Educational Services
$ 5120000
1
04
029
$ 512000000
81 Other Services
$7704000
6
56 Admin amp Support and Waste Mgt amp Remediation
$ 4525000
1
04
029
$ 452500000
92 Public Administration
$10140000
2
54 Professional Scientific and Technical Services
$ 3805860
2
03
059
$ 190293000
Grand Total
$1204903976
341
Grand Total
$ 1204903976
341
1000
10000
$ 353344274
Business amp Industry (B amp I)
(as of Nov 30 2018)
$ Total $ Obligated $ Bal AvailableState Allocations 3474 2691 783National Reserve 1450 166 1284Total 4924 2857 2067
(Millions $)
Continuing Resolution 1 Funding
December 5 2018 National Rural Lenders Roundtable 23
Sheet1
Defaults as a Percentage of Obligations355342181093050270150170000000000000007E-2005004003001001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution 1 Funding
(as of Nov 30 2018)
(Millions $)
$ Total
$ Obligated
$ Bal Available
State Allocations
3474
2691
783
National Reserve
1450
166
1284
Total
4924
2857
2067
Year of Loan
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Defaults as a Percentage of Obligations
300
550
342
181
093
050
027
015
010
007
005
004
003
001
001
FY 2019 Goals and Objectivesbull Continued focus on IPI and community
economic outcomesbull Distressed Communitiesbull Leverage of resourcesbull Regional and local community-based
entrepreneurship
Business amp Industry (B amp I)
December 5 2018 National Rural Lenders Roundtable 24
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
FY 2019 Goals and Objectives (cont)bull Loan Defaults Risk Mitigation
December 5 2018 National Rural Lenders Roundtable 25
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Business amp Industry (B amp I)
Defaults by Year Age of Loan
000
100
200
300
400
500
600
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Defaults as a Percentage of ObligationsDecember 5 2018 National Rural Lenders Roundtable 26
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Rural Energy for America Program (REAP)
Promotes energy efficiency and development of renewable energy for agricultural producers and rural small businesses
Provides loan guarantees and grants for energy efficiency improvements and renewable energy systems
December 5 2018 National Rural Lenders Roundtable 27
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Renewable Energy Systems Energy Efficiency ImprovementsGrant amount cannot exceed 25 of Eligible Project Cost
Minimum Grant Request
$2500Total eligible project costs gt $10000
Minimum Grant Request
$1500Total eligible project costs gt $6000
Maximum Grant Request
$500000Total eligible project costs gt $2 million
Maximum Grant Request
$250000Total eligible project costs gt $1 million
Minimum Loan Amount
$5000Total eligible project costs gt $6667
Maximum Loan Amount
$25 millionTotal eligible project costs gt $334 million
Loan amount cannot exceed 75 of eligible project cost
December 5 2018 National Rural Lenders Roundtable 28
Rural Energy for America Program (REAP)
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Improve Profits for YourFarm or Ranch with REAP
December 5 2018 National Rural Lenders Roundtable 29
Energy Efficiency Renewable Energy
Lighting Solar
Heat amp Power Wind
Refrigeration Small Hydroelectric
HVAC Anaerobic Digesters
Equipment and Processes
Biomass
Automated Controls Geothermal
Buildings Updates WaveOcean Power
The technology must be commercially available Research and development projects do not qualify
Rural Energy for America Program (REAP)
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Eligible Applicants and Borrowers
December 5 2018 National Rural Lenders Roundtable 30
Agricultural Producer Rural Small Business
bull Individual or entity that receives 51 percent or more of their gross income from agricultural production ndash crops livestock aquaculture forestry operations nurseries dairies
bull For-profit small business - as defined by the Small Business Administration (SBA)
bull Rural area or non-metro community of lt 50000
Rural Energy for America Program (REAP)
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Eligible Project Costs Ineligible Project Costs
bull Equipment bull Purchase amp installationbull New or refurbished
bull Post-application construction amp facility improvements
bull Retrofittingbull Professional service feesbull Permits amp license feesbull Working capital land acquisition
(Loan Guarantee ONLY with restrictions)
bull Residential energy projectsbull Equipment
bull Farm tillage equipmentbull Used equipmentbull Vehicles
bull Pre-application construction amp facility improvements
bull Application preparation or grant writer fees
bull Line of creditbull Lease paymentsbull Payment to the applicantbusiness
owner beneficiary or relativeDecember 5 2018 National Rural Lenders Roundtable 31
Rural Energy for America Program (REAP)
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
FY 2018 Activity
1396 Projects
$40 Million Grants
$273 Million Loan Guarantees
Rural Energy for America Program (REAP)
891650 MegaWatts ndash 75000 avg households
96 Million gallons of biofuelDecember 5 2018 National Rural Lenders Roundtable
32
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Rural Energy for America Program (REAP)
4060
FY 2018 REAP Grant - Type of Applicant
Rural Small Business Agricultural ProducerDecember 5 2018 33National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Rural Energy for America Program (REAP)
880387
28 19
FY 2018 REAP Grant - Project Type
Solar Energy Efficiency Biomass OtherDecember 5 2018 34National Rural Lenders Roundtable
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Rural Energy for America Program (REAP)
$50500000
$1000000000
$0
$200000000
$400000000
$600000000
$800000000
$1000000000
$1200000000
REAP Budget Authority Total Project Investments
FY 2018 REAP Leverage
December 5 2018 National Rural Lenders Roundtable 35
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
FY 2019 Goals
December 5 2018 National Rural Lenders Roundtable36
Obligate $350M in REAP guaranteed loans
Diversify technologies in portfolio
Obligate a minimum of one loan in every state
Rural Energy for America Program (REAP)
Create at least one new publicprivate partnershipIncrease usage of funds in distressed communities
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Provides loan funds for emerging technologiesbull Biorefineries
bull Biobased product manufacturingbull Maximum Loan - $250 Million
December 5 2018 National Rural Lenders Roundtable 37
The Bioeconomy
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Project Eligibilitybull Must produce advanced biofuelbull May produce biobased products and renewable
chemicalsGuarantee Percentages
bull 80 for loans of $150 Million or lessbull 70 for loans gt$150MM but less than $200MMbull 60 for loans gt$200MMbull Loans $150MM or less could receive 90 guarantee if
they meet certain conditionsDecember 5 2018 National Rural Lenders Roundtable 38
The Bioeconomy
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
bull Section 9003 Program uses 2-phase application process
bull Two application cycles each yearbull Closing dates are October 1 and April 1
bull Applications may be submitted at any timebull Letter of Intent deadlines are 30 days prior to
application closing date
December 5 2018 National Rural Lenders Roundtable 39
Section 9003 Application Process
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
December 5 2018 40
bull Provides information on USDA programs that support renewable energy and energy efficiency projects
bull The map displays investment location type of energy assistance provided and the associated USDA program
bull The energy investment data is summarized by state county and congressional districts by total number of investments and total dollar amounts
USDA Energy Resources
National Rural Lenders Roundtable
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Intermediary Relending Program (IRP)
Provides loans to local intermediaries (non-profit and public economic development entities) that re-lend to businesses and community projects to improve economic conditions and create jobs in rural communitiesbull Loans up to 75 of the total cost of the ultimate recipients project
maximum loans of $250000bull Business is unable to obtain commercial financing for all or part of loanbull Intermediary may participate in loans with commercial lenders
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 41
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Rural Economic Development Loan and Grant Program
USDA provides grants to local utility organizations which use the funding to establish revolving loan funds (RLF) USDA also provides loans to local utilities which they in turn pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas The ultimate recipients repay the lending utility directly The utility is responsible for repayment to USDA bull Up to $300000 in grants may be requested to establish the RLFbull Up to $2 million loan funds may be requested for a project
Rural Business-Cooperative Service
December 5 2018 National Rural Lenders Roundtable 42
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Rich DavisDeputy AdministratorRural Housing Service
December 5 2018 National Rural Lenders Roundtable 43
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Community Facilities Programs
bull Community Facilities Programs offer direct loans loan
guarantees and grants to develop or improve essential public
services and facilities in communities across rural America
bull These amenities help increase the competitiveness of rural
communities in attracting and retaining businesses that provide
employment and services for their residents
bull These facilities improve the basic quality of life and assist in
the development and sustainability of rural America December 5 2018 National Rural Lenders Roundtable 44
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Essential Community Facilitiesbull Public Safety Facilities
bull Public Buildings amp Equipment
bull Health Care Facilities amp Equipment
bull Education amp Cultural Facilities
bull Infrastructure
December 5 2018 National Rural Lenders Roundtable 45
Eligible Applicantsbull Public Bodies Non Profits or Indian Tribes
bull Communities less than 20000 residents
Community Facilities Programs
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Eligible Purposesbull Acquire existing real estate
bull Construct expand renovate or improve facilities
bull Refinancing when less than 50 of the total project cost
December 5 2018 National Rural Lenders Roundtable 46
Community Facilities Programs
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
CF Direct Loan Rates and Terms
bull Interest rates currently at 40 fixed for the loan term
bull 40-year term or useful life
bull Adequate security to protect the interest of the Government
bull Demonstrate adequate repayment ability
bull Unable to obtain other commercial credit
December 5 2018 National Rural Lenders Roundtable 47
Community Facilities Programs
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
CF Guarantee Rates Terms and Fees bull Lender driven process
bull Interest rate set by lender (fixed or variable)
bull Term set by lender (max 40 year term or useful life)
bull Adequate security to protect the interest of the Government
bull Lender must be unable to make loan without guarantee
bull Up to a 90 guarantee on any lossbull One time one percent (1) fee on guaranteed portion payable upon
issuance of Loan Note GuaranteeDecember 5 2018 National Rural Lenders Roundtable 48
Community Facilities Programs
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Other CF ProgramsCF Grants ndash Regular Economic Impact Initiative (EII) amp Tribal College
bull Limited funds available for the most needy communitiesbull Same eligible purpose as direct loans and guarantees
Rural Community Development Initiative Grants (RCDI)bull Technical assistance for capacity building
Technical Assistance amp Training Grants (TAT)bull For the benefit of developing an essential community facility
December 5 2018 National Rural Lenders Roundtable 49
Community Facilities Programs
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
FY 2018 Fund Utilizationbull Direct Loans $198 billion
bull Guaranteed Loans $1765 million
bull Grants $463 million
bull TOTAL INVESTMENTS $22 billion
bull Rural Residents Served 161 million December 5 2018 National Rural Lenders Roundtable 50
Community Facilities Programs
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
48
27
11 9
Health CareInfrastructure
Education Public Buildings Public Safety0
10
20
30
40
50
60
$98Billion as of 93018
Remaining 5 are other investments
Community Facilities Portfolio
Community Facilities Programs
December 5 2018 51National Rural Lenders Roundtable
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Continuing Resolution Through Dec 7bull Direct Loans $5216 Million
bull Guaranteed Loans $276 Million
bull Grants $5 Million
December 5 2018 National Rural Lenders Roundtable 52
Community Facilities FY 19
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Infrastructure
Modern infrastructure is a necessity not an amenity for any community to prosper
December 5 2018 National Rural Lenders Roundtable 53
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
54
Partnerships
December 5 2018 National Rural Lenders Roundtable
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Innovation
USDA is a strong partner to communities in addressing the opioid epidemic
December 5 2018 National Rural Lenders Roundtable 55
ldquoThe opioid epidemic is a pivotal challenge for many rural places More than a health concern the opioid crisis is an issue of rural prosperity and will take the commitment collaboration and creativity of a wide range of partners to addressldquo
- Anne Hazlett USDA Assistant to the Secretary for Rural Development
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Community Facilities Infrastructure Tool Kitamp Other Resources
Community Facilities Infrastructure Tool Kit LinkhttpwwwrdusdagovfilesRDCFIToolkit_Jan2016pdf
Rural Development State Officeshttpswwwrdusdagovcontact-usstate-offices
Rural Development Fact Sheetshttpswwwrdusdagovpublicationsfact-sheets
December 5 2018 National Rural Lenders Roundtable 56
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Edna PrimroseAssistant Administrator
Water and Environmental ProgramsRural Utilities Service
December 5 2018 National Rural Lenders Roundtable 57
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Rural Water and Waste Infrastructure Needs
bull Infrastructure is a foundation for prosperity and quality of life in rural America
bull Providing economic opportunity andbull Protecting public health and the environment
bull Over 52000 small and rural water systems in the US
bull The need for water and waste infrastructure in the United States is estimated at more than $1 trillion over the next 25 years
bull Rural areas rely on RUS to finance water amp waste infrastructure improvements
bull Small population w fewer to share cost of infrastructure deployment creates disproportionately higher ratescosts
December 5 2018 National Rural Lenders Roundtable 58
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Water and Environmental Programs (WEP)
Finance the acquisition construction or improvement ofbull Drinking water sourcing treatment storage and distributionbull Sewer collection transmission treatment and disposalbull Solid waste collection disposal and closurebull Storm water collection conveyance and disposal
Eligible areas bull Areas with populations of 10000 or less Rural areas tribal lands
in rural areas ColoniasEligible borrowers
bull Most state and local governmental entities private non-profits and federally-recognized tribes
WEP Funding Portfoliobull $4 billion+ in direct loan loan guarantee amp grant programs
December 5 2018 National Rural Lenders Roundtable 59
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
WEP Funding Portfoliobull Over $4 billion in direct loan loan guarantee and grant
programs is available bull In FY 2018 WEP invested nearly $3 billion for over 1000
projects and will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with financial institutions to guarantee $255 million in private capital investment in rural water and waste infrastructure
December 5 2018 National Rural Lenders Roundtable 60
Water and Environmental Programs (WEP)
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
FY 2018 Results and Plans for FY 2019
bull WEP invested nearly $3 billion for over 1000 projects ndash will provide new or improved service to enhance water quality for nearly 3 million rural residents nationwide (pop of 10000 or less)
bull WEP partnered with 9 financial institutions to guarantee $255 million in private capital investment in rural infrastructure funding 18 newimproved water and wastewater systems
bull WEP awarded 100 of grant funding for our Technical Assistance Training (TAT) Solid Waste Management Household Water Well Systems programs
bull Will assist almost 30000 rural communities and rural utilities systemsbull Will provide nearly 900 training sessions for operators utility management and boardsbull Over 570 energy audits will be conducted bull Will reduceeliminate pollution of water resources and improve planning and management of solid waste sites
bull Rural Development executed a Nationwide Programmatic Agreement (NPA) under the National Historic Preservation Act (NHPA) a groundbreaking efficiency that will allow the Agency to obligate loansgrants prior to completing Section 106 environmental reviews and to conduct the reviews at the time where important site-specific details are available In FY 18 WEP used the NPA to enable the obligation of funds for nearly 700 Rural Utilities projects
In FY 2019 WEP will continue the momentum established in FY 2018 to reduce our application backlog cultivate key stakeholder partnerships streamline business processes and maintain a solid footprint in rural water infrastructure
December 5 2018 National Rural Lenders Roundtable 61
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
2017 Hurricane Emergency Grant Funding
$163475000 for repairs $2 M for technical assistance as of 9-12-18bull Repair water sewer and solid waste systems impacted by hurricanes Harvey Irma and
Maria ndash FL GA SC TX Puerto Rico and US Virgin Islands
bull Serving areas of le 50000 inhabitants
bull Public Bodies Nonprofit Corporations and Indian tribes
bull Funds for applicants that arebull unable to finance the project or bull experiencing financial hardship post repairs
bull NOTE In FY 18 WEP awarded two disaster technical assistance grants to strengthen connections with our partners who help rural communities recover from current and future natural disasters In 2018 National Rural Water Association (NRWA) and Rural Community Assistance Partnership (RCAP) provided damage assessments to 1143 rural systems in 2018 and direct assistance in restoring service to 51 systems impacted by Hurricanes Harvey Irma and Maria
December 5 2018 National Rural Lenders Roundtable 62
bull Grant amount is based onbull Up to 100 grant if income lt poverty
or lt 80 of SNMHIbull Up to 75 grant lt100 SNMHI bull Up to 45 grant if population ge
10000 le 50000
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
bull The majority of water systems are small
bull $1 trillion needed over the next 25 years
bull Public funding will not be sufficient
bull Public-Private Partnerships are needed
bull Co-funding to leverage public-private fundsGuaranteed loans can be combined with USDArsquos direct loan
program
Blended rate for borrowers and greater affordability for users
bull Interim construction financing by commercial lenders
bull Graduation of current borrowers to private capital
bull Refinance to improve interest ratesloan termsliquidityDecember 5 2018 National Rural Lenders Roundtable 63
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
bull Distributes water to over 6000 customers and sells bulk water to 16 additional communities
bull Over 5000 miles of pipeline 14 pump stations 1 control vault and 18 water storage tanks
bull $3800000 guaranteed loan for 30 years at 525 interest rate
bull $31272000 direct loan for 40 years at 275 interest rate
bull Construction part of project was $18845000 and debt in the amount of $16226600 was refinanced
bull Total debt service requirements were decreased by refinancing debt that had interest rates ranging from 4459 to 6114 National Rural Lenders Roundtable
64December 5 2018
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Electronic Preliminary Engineering Report (ePER)bull Web-based application for
engineers to use to write PERsbull Interactive system steps
engineers through the PER development process based on 2013 Interagency Template
bull Compatible w RD Apply
December 5 2018 National Rural Lenders Roundtable 65
RD Apply
bull Launch of online filing through RD Apply ndash September 2015
bull Live demos and registration at more than 40 rural water conferences
bull 1000+ registered to use RD Apply
bull 1000+ applications filed online
httpsrdapplyusdagov
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Jacki PontiChief Innovation Officer
USDA ndash Rural Development
December 5 2018 National Rural Lenders Roundtable 66
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
One RD Guaranteed Loan Program
What are the benefits
Supports One USDA Initiative and the
Administrationrsquos guidance for Reducing Regulation
and Controlling Regulatory Costs
Simplifies improves and enhances delivery of these
four program
Reduces burden on lenders applicants and staff
Becomes a common platform to all for efficient
delivery
Standardizes and improves customer experience
What is One RD Guaranteed
A standard RD regulation guaranteed loan making in four programs
bull Water and Wastebull Community Facilitiesbull Business and Industrybull Rural Energy for America
End-to-End Filing Processing Servicing Reporting
Standardize documents across programs
December 5 2018 National Rural Lenders Roundtable 67
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
This is a major undertaking with many components that requires collaboration across RD and with Customers
Regulation Technology TrainingMarketing
and Outreach
Goals and Metrics
Customer Feedback
One RD Guaranteed Loan Program
December 5 2018 National Rural Lenders Roundtable 68
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Asks from our Customers
bull Online filing and customer access to application and account informationbull Consistent approach to processing and servicing across all programs
bull Eliminate Tangible Balance Sheet Equity (TBSE) requirementbull Issuance of Loan Note Guarantee prior to constructionbull Faster issuance of guarantee
bull Use of reserve to continue payments to lender during loss claim processbull More consistent loss claim timelinesbull Higher population limit for eligibility (statutory)bull Proposed rule with comment
317 external comments from 10 listening sessions outreach and filings
23 formal written comments submitted December 5 2018 69National Rural Lenders Roundtable
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Next Steps
Regulations and Process
bull Review and Evaluation of Comments
bull Draft Regulation
bull Finalize New Process Flow
bull Publish Regulationbull Final with Commentbull 60-day comment periodbull Modifications to regulations as
warranted by commentsbull Rules going into effect
Technology
bull High Level Requirements Documentation (ongoing)
bull Finalize Requirements and System Design
bull System Development
bull Testing
bull Launch (concurrent with effective data of regulations)
Outreach and Training
bull Develop Outreach and Training Plan (winter 2018)
bull Staff Training (prior to effective date of rules)
bull Customer Outreach and Training
bull Customer Feedback and analysisCustomer Outreach and Training
70December 5 2018 National Rural Lenders Roundtable
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Opportunity for Input
September 2018 Listening Sessions
Formal Comments
(closed October 22 2018)
Regulation Comment Period
System Design and Testing
Continuous Feedback Post
Launch
December 5 2018 71National Rural Lenders Roundtable
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
Panelist Contact Information
Bette Brand Mark Brodziski Rich DavisAdministrator Deputy Administrator Deputy Administrator for Community Programs
Rural Business-Cooperative Service Rural Business-Cooperative Service Rural Housing ServiceAndrewShaefferusdagov MarkBrodziskiusdagov RichDavisusdagov
Edna Primrose Jacki PontiAssistant Administrator for Water and Environmental Programs Chief Innovation Officer
Rural Utilities Service USDA ndash Rural DevelopmentEdnaPrimroseusdagov JackiPontiusdagov
December 5 2018 National Rural Lenders Roundtable 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
Asks from our Customers
Next Steps
Opportunity for Input
Slide Number 72
USDA is an equal opportunity provider employer and lender
wwwrdusdagov
Thank You
December 5 2018 National Rural Lenders Roundtable 73
USDA ndash Rural DevelopmentYour Partner in Advancing Rural Prosperity
Slide Number 2
Slide Number 3
Slide Number 4
Slide Number 5
Slide Number 6
Our Role How RD Drives Rural Prosperity
Slide Number 8
Slide Number 9
Lender Benefits
Opportunities on Secondary Market
Benefits for Borrowers
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Guarantee PercentagesRatesTerms
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 22
Slide Number 23
Slide Number 25
Slide Number 26
Slide Number 27
Renewable Energy SystemsEnergy Efficiency Improvements
Improve Profits for YourFarm or Ranch with REAP
Eligible Applicants and Borrowers
Eligible amp Ineligible Project Costs
FY 2018 Activity
FY 2019 Goals
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
Biorefinery Renewable Chemical and Biobased Product Manufacturing Assistance Program (Section 9003)
USDA Energy Investment Map httpswwwusdagovenergymapsmapsInvestmenthtm
Slide Number 41
Slide Number 42
Slide Number 43
Slide Number 44
Slide Number 45
Slide Number 46
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Infrastructure
Public Private PartnershipsCF invested over $16 billion in direct loan funds leveraged $894 million from the capital markets institutional investors and other stakeholders for 127 projects in 38 states
Innovation
Slide Number 56
Slide Number 57
Rural Water and Waste Infrastructure Needs
Water and Environmental Programs (WEP)
Slide Number 60
FY 2018 Results and Plans for FY 2019
2017 Hurricane Emergency Grant Funding
WEP Lender Partnership OpportunitiesPrivate Investment in Public Infrastructure (Public-Private Partnership ndash P3)
Mid-Dakota Rural Water System ndash SD Direct LoanGuaranteed LoanRefinance Blend
Application Assistance Electronic Applications
Slide Number 66
One RD Guaranteed Loan Program
This is a major undertaking with many components that requires collaboration across RD and with Customers
