Opportunity
Federal Register #2026-21858
USDA SPUR Loan Guarantees and Technical Assistance for Meat, Poultry, and Seafood Processing
Buyer
Rural Business-Cooperative Service, United States Department of Agriculture
Posted
October 27, 2026
Identifier
2026-21858
The U.S. Department of Agriculture is offering SPUR loan guarantees and technical-assistance funding to expand meat, poultry, and seafood processing capacity. - Government buyer: U.S. Department of Agriculture (USDA), Rural Development mission area, Rural Business-Cooperative Service (RBCS). - Program: Strengthening Processing for US Ranchers (SPUR) Guaranteed Loan Program. This is a financing and funding opportunity, not a purchase of products or services. - Funding and scope: At least $5 billion in loan-level funding is available to support eligible borrowers establishing, reopening, retrofitting, expanding, or improving meat, poultry, or seafood processing facilities in rural or urban areas. - Program terms: The loan guarantee covers 90% of an eligible loan; lenders must retain at least 10%. FY 2027 terms include a 3% guarantee fee, a 0.55% periodic guarantee retention fee, and a 0.5% fee for issuing a Loan Note Guarantee before construction is complete. - Technical assistance: Funding is also available for providers with expertise in meat, poultry, and seafood processing and business planning. - OEMs and vendors: No product manufacturers, OEMs, or specific vendors are named.
Description
The Rural Business-Cooperative Service announces acceptance of guaranteed loan applications under the SPUR Guaranteed Loan Program for fiscal year 2027. The program provides loan guarantees to eligible lenders making loans to eligible borrowers for activities that establish, reopen, retrofit, expand, or improve meat, poultry, or seafood processing facilities, with no geographic restrictions. The program aims to increase and diversify processing capacity and promote competition, and USDA also makes funding available for technical assistance in processing and business planning. Applications may be submitted beginning October 27, 2026, and will be accepted until funds are exhausted.