Allowable loan activities.

§ 1336.75 Allowable loan activities. The following are among those activities for which a loan may be made from the RLF: (a) The establishment or expansion of businesses engaged in commercial, industrial or agricultural activities, such as farming, manufacturing, construction, sales, service; (b) The establishment or expansion of cooperatives engaged in the production and marketing of farm products, equipment, or supplies; the manufacture and sale of industrial, commercial or consumer products; or the provision of various commercial services; (c) Business or job retention; (d) Small business development; (e) Private sector job creation; and (f) Promotion of economic diversification, e.g. targeting firms in growth industries that have not previously been part of a community's economic base.