Summary:

The Rural Broadband Access Loan and Loan Guarantee Program (Broadband Program) furnishes loans and loan guarantees to provide funds for the costs of construction, improvement, or acquisition of facilities and equipment needed to provide service at the broadband lending speed in eligible rural areas.

Eligible Recipients:

For-Profit Business; Internet Service Provider; Local Government; Non-Profit Organization

Eligible Recipients Detail:

State and Local Governments; Tribal Entities; ISPs; Non-Profit Organizations; ; Cooperative or mutual organization; Corporation; Limited Liability Company; Partnerships are not eligible

Eligible Purpose:

Backbone Infrastructure; Last Mile Infrastructure; Middle Mile Infrastructure

Eligible Purpose Detail:

Loans and loan guarantees for broadband improvement.

-The construction, improvement, and acquisition of facilities required to provide service at the broadband lending speed including facilities required for providing other services through the same facilities
-The cost of leasing facilities required to provide service at the broadband Lending speed if such lease qualifies as a capital lease under Generally Accepted Accounting Principles (GAAP)
-An acquisition, under certain circumstances and with restrictions