USDA Community Facilities Loan Program | Seedcopa

The United States Department of Agriculture Community Facilities (USDA CF) loan program is used to develop essential community facilities in rural areas.

As its name implies, an “essential community facility” provides essential services for the orderly development of a primarily rural local community (defined as less than 20,000 residents according to the last federal census). In the USDA definition, such a facility would not include private, commercial, or business undertakings.

Borrowers include public entities, community-based non-profit corporations, and federally-recognized Tribes.

CF can be used to purchase, construct and/or improve essential community facilities, purchase equipment, and pay related project expenses
Terms are based on the useful life of the facility or equipment, up to a maximum 40 years

Loans are low-interest direct from the USDA and the rate is fixed for the life of the loan
- The rate is determined by the median household income of the service area and population of the community
There are no pre-payment penalties

Projects options are numerous:

Health care: hospitals, medical clinics, nursing/assisted living facilities

Public facilities: town halls, courthouses, street improvements

Community support: community centers, fairgrounds, child care centers, transitional housing

Public safety: fire departments, police stations, prisons, police/fire/public works vehicles, equipment

Educational: museums, libraries, private schools

Utility services: telemedicine, distance learning equipment

Food systems: food banks/pantries, food hubs, community gardens/kitchens

Seedcopa welcomes your call or email to discuss how this loan may fit your needs!

What Borrowers Are Saying:

“I contacted Seedcopa after learning about one of their small business SBA refinance programs. We were locked in a variable rate for our set of business loans and were struggling to find a bank that would refinance a set of restaurant loans. Our anxiety was through the roof. Seedcopa was very willing to consider our application and were great to work with throughout the process… Seedcopa was a life saver, and I highly recommend working with them!!”

Craig M.

“From start to finish, Seedcopa was wonderful! We could not have completed our project without them. They laid out all the details every step of the way so that we would know exactly what to expect. Everyone told us that working with the SBA was cumbersome, but that could not be further from the truth…”

Kelly S.

“We are so happy we chose to work with Seedcopa for our expansion project! They are professional, responsive and super helpful with all aspects of the borrowing process and working with the SBA. Our construction project was challenging and complex, and took longer than planned, but Seedcopa was engaged and provided expert assistance the whole way. We highly recommend them to any small business like ours that wants to grow and just needs a little help.”

Bed & Breakfast in Reading, PA