Timber Production Expansion Guaranteed Loans

Department Of Agriculture, Rural Business Cooperative Service

The TPEP will provide financial assistance through loan guarantees to lenders providing loans to entities seeking to establish, reopen, expand, or improve a sawmill or other wood processing facilities, and to forest workers, including loggers and other jobs that supply materials to these sawmills and facilities, that are using ecological restoration byproducts from an identified unit of USFS National Forest System lands. These units of USFS National Forest System lands must be classified as bein

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Helps businesses in the timber industry get loans to start or improve sawmills and wood processing facilities. Also supports forest workers involved in logging and ecosystem restoration.

Quick Facts

Funding
$56,000 - $9,999,999,999
Deadline
Rolling
Status
Rolling Intake
Category
Business Financing & Capital
Organization
Department Of Agriculture, Rural Business Cooperative Service

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What Is This Program?

The Rural Business-Cooperative Service (RBCS or Agency), a Rural Development (RD) agency of the United State Department of Agriculture (USDA), announces the acceptance of applications and availability of funding under the Timber Production Expansion Guaranteed Loan Program (TPEP) for fiscal year (FY) 2024. These guaranteed funds will be made available to lenders to make loans to qualified borrowers seeking to establish, reopen, expand, or improve a sawmill or other wood processing facility, or to forest workers engaged in logging and other jobs responsible for processing ecosystem restoration byproducts, from an identified unit of United States Forest Service (USFS) National Forest System lands.

What Benefits Are Offered?

loan

Guaranteed loans to support the expansion of timber production activities.

Who Is Eligible?

Industries: forestry

Other Criteria: projects related to timber production expansion

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๐Ÿ† Detailed Application Guide

๐Ÿ“‹What Are the Application Steps & Timeline?

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๐Ÿ’ฐWhat Expenses Are Eligible?

๐ŸคIs Matching Funding Required?

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How Do I Apply?

TPEP@usda.gov
202-594-6454

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FAQFrequently Asked Questions

Visit the program page for detailed eligibility requirements.

This program offers funding up to $9,999,999,999 (minimum $56,000).

This program accepts applications on a rolling basis.

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