The Meat and Poultry Intermediary Lending Program (MPILP) provides grant funding to intermediary lenders who finance – or plan to finance – the start-up, expansion, or operation of slaughter, or other processing of meat and poultry. The objective of the MPILP is to strengthen the financing capacity for independent meat processors, and to create a more resilient, diverse, and secure U.S. food supply chain.
What types of intermediaries can apply for this program?
Private nonprofit corporations, public agencies, Tribes, and cooperatives that finance – or plan to finance – the start-up, expansion, or operation of meat and poultry processing are eligible to apply.
Who are eligible ultimate recipients?
Businesses engaged, or proposing to engage, in the processing of meat or poultry – either directly, or through agreements with other entities - can apply for a loan from the intermediary lender as an ultimate recipient.
Ultimate recipients must:
Be a business engaged, or proposing to engage, in commercial meat or poultry processing projects; either directly, or through agreements with other entities
Comply with USDA Food Safety and Inspection Service requirements, or be custom exempt
Grant funds to intermediaries can be used to operate and expand meat and poultry processing capacity by supporting activities such as:
Purchasing and developing land
Constructing a new facility
Modernizing or expanding an existing facility
Developing, installing, or modernizing equipment and technology
Ensuring compliance with occupational and other safety requirements
Modernizing equipment or facilities to ensure food safety
Purchasing cooperative stock (by individual farmers or ranchers in a farmer or rancher cooperative)
Purchasing transferable cooperative stock
Making loans to a fund that invests primarily in cooperatives (in accordance with the provisions of the program)
Qualifying taxable corporate bonds
Paying for feasibility studies for meat and processing facilities
Undertaking pollution control and abatement
Handling waste management
Offsetting start-up costs, working capital, fees and other expenses related to federal inspection
To apply for this program, visit Grants.gov for instructions and application materials.
All applicant entities must have a current and active registration in the System for Award Management (SAM) in order to file an MPILP application.
Applicants are encouraged to review the Self-Screening Guide to assess preliminary eligibility for the program.
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This information was gathered from public sources. Ambrook is not responsible for or able to affect the results of any financial programs listed, nor are they responsible for any incorrect information that is listed or is on the hyperlinked external sites. All information is subject to change.
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