Key facts
- Guaranteed loan funds accounted for 57% of obligated funds for USDA Rural Development programs.
- Guaranteed loans primarily benefited individuals and businesses.
USDA Rural Development funds mostly go to guaranteed loans
IN SHORT
Guaranteed loan funds accounted for 57% of obligated funds for USDA Rural Development programs, primarily benefiting individuals and businesses. Direct loan funds, largely for infrastructure, comprised 33% of the total.
Key Numbers
57%Obligated funds from guaranteed loan programs
33%Obligated funds from direct loan programs
Who's Involved
USDA Rural Development programs
Programs where 57% of funds were guaranteed loans
Individuals and businesses
Primary recipients of guaranteed loan funds
Infrastructure projects
Primary use of direct loan funds
USDA ERS
Source of the data on fund allocation
↳ Why This Matters
The USDA Rural Development program aims to foster economic development and improve the quality of life in rural America. Understanding how funds are allocated, whether through guaranteed loans to individuals and businesses or direct loans for infrastructure, provides insight into the program's reach and impact on different sectors of the rural economy.