Missouri's Agribusiness Revolving Loan Fund refueled

JEFFERSON CITY- The Missouri Agricultural and Small Business Development Authority recently announced that its Agribusiness Revolving Loan Fund was awarded a $500,000 loan from USDA Rural Development to aid in economic improvements and job creation. As a result, MASBDA is recruiting loan applications for agribusinesses located in communities of less than 50,000 residents. Due to COVID-19, MASBDA is currently offering a fixed interest rate of four percent.

For more information on the Missouri Agricultural and Small Business Development Authority visit MASBDA.com. To contact a member of the MASBDA team email masbda@mda.mo.gov or call (573) 751-2129.