Notice of Funding Opportunity for the Strengthening Processing for US Ranchers (SPUR) Guaranteed Loan Program for Fiscal Year 2027 and Guarantee Fee Rates/Loan Guarantee Percentage and Fee for Issuance of Loan Note Guarantee Prior to Construction Completion

Official abstract: The Rural Business-Cooperative Service (RBCS or Agency), an agency of the United States Department of Agriculture (USDA) Rural Development mission area (RD) announces the acceptance of guaranteed loan applications under the Strengthening Processing for US Ranchers (SPUR) Guaranteed Loan Program. This notice provides applicants with the Guarantee Fee rates, Loan Guarantee percentage, the Periodic Retention Fee, and Fee for Issuance of the Loan Note Guarantee Prior to Construction Completion for Fiscal Year (FY) 2027, to be used when applying for guaranteed loans under the SPUR Guaranteed Loan Program. Should the fees need to be adjusted, the Agency will publish a subsequent notice in the Federal Register. These guaranteed funds will be made available to eligible lenders to make loans to eligible borrowers seeking to support a range of activities to increase and diversify the processing capacity of American Meat, Poultry, and Seafood. USDA is also making funding available for technical assistance through providers who are experts in the fields of meat, poultry, and seafood processing, and business planning.