The Alabama Agricultural Development Authority (AADA) is opening applications for a second round under the Alabama Meat Processing Program (AMPP). This program is a result of a $15 million award from the United States Department of Agriculture (USDA) through the Meat and Poultry Intermediary Lending Program (MPILP) to the AADA. Applications for Phase II are open now and will close …
Alabama Application Deadline for Meat and Poultry Processing Nearing
Here’s a reminder from the Alabama Agricultural Development Authority that it is accepting loan applications under the Alabama Meat Processing Program. This program is a result of a $15 million award from the USDA through the Meat and Poultry Intermediary Lending Program. Applications for Phase I will close Thursday, September 14, 2023. The low interest loans are intended to support …
Grant Awarded to the Alabama Agricultural Development Authority for Meat and Poultry Processing
(ADAI/MONTGOMERY, AL/March 17, 2023) — The United States Department of Agriculture (USDA) awarded $15 million to the lender Alabama Agricultural Development Authority (AADA) to support meat and poultry slaughter and processing businesses in Alabama. The USDA Meat and Poultry Intermediary Lending Program (MPILP) is awarded to the lender, AADA, in the form of a grant. Businesses engaged in the processing of …