USDA Revises Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Loan Program

Short summary

The USDA published a final rule on July 9, 2026 revising its Biorefinery, Renewable Chemical, and Biobased Product Manufacturing loan guarantee program, which offers up to $250 million per project. The revisions aim to prevent fraud by barring borrowers or guarantors from remaining involved in projects that result in monetary loss to USDA. The rule was effective immediately upon publication.

• •USDA final rule revises biorefinery and biobased product loan guarantee program (up to $250M)
• •New provisions bar borrowers from remaining in projects that cause monetary loss to USDA
• •Rule effective July 9, 2026; aims to ensure long-term borrower commitment

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