Exciting News for Rural Indiana Businesses: $23.9 Million in USDA Funding for 2025
Curtis Johnson, acting State Director of USDA Rural Development Indiana, made an exciting announcement today. USDA Rural Development is offering a $23.9 million in funding to support small businesses across rural Indiana in Fiscal Year 2025. This funding comes through the Business and Industry Loan Guarantee Program, and it’s a great opportunity to help Indiana businesses grow and expand.
Why Is This Funding So Important?
Our communities are filled with passionate entrepreneurs who are dedicated to bringing their dreams to reality. The reality is sometimes many of these small business owners face challenges when it comes to getting affordable financing. That’s where the USDA comes in.
The Business and Industry Loan Guarantee Program helps bridge the gap by providing loan guarantees, making it easier for small businesses to access the capital they need—whether you’re starting a new venture or looking to expand an existing one.
Who Can Apply?
This funding is available to a wide range of businesses throughout Indiana—from agriculture-based companies to tech startups, manufacturers, and service providers. Whether you are looking to expand your business, upgrade equipment, hire more staff, or open a new location, USDA Rural Development’s funding can help finance that.
How to Apply
If you would like to learn more about applying for USDA funding visit the USDA Business Programs website for detailed information and steps on how to apply: https://www.rd.usda.gov/programs-services/business-programs . You can also call to speak with a USDA Rural Development specialist at 317-290-3100, EXT 4, for guidance and assistance.
