after being legally admitted for permanent residence. Individual borrowers must be citizens of the United States or reside in the U.S.What are the borrowing restrictions for loan guarantees? NOTE: Agricultural producers and small businesses must have NO outstanding delinquent federal taxes, debt, judgment or debarment. Must meet the Small Business Administration size standards in accordance with 13 CFR 121.A Tribal corporation or other Tribal business entities that are chartered under Section 17 of the Indian Reorganization Act (25 USC 477) or have similar structures and relationships with their Tribal entity without regard to the resources of the Tribal government.An electric utility (including a Tribal or governmental electric utility) that provides service to rural consumers and operates independent of direct government control).Private for-profit entity (sole Proprietorship, Partnership, or Corporation).Must be located in eligible rural areas and one of the following:.An entity directly engaged in production of agricultural products where at least 50 percent of their gross income coming from agricultural operations.Agricultural producers may also apply for new energy efficient equipment and new system loans for agricultural production and processing. The program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Applicable to REAP RES/EEI grant applications received on or after ApWhat does this program do? Rural Energy for America Program: Inflation Reduction Act Changes. REAP Renewable Energy Systems & Energy Efficiency Improvements FAQs REAP Program Updates
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