The estimated number of jobs created or saved through USDA Recovery Act investments in rural America continues to grow. Today, I am in Ohio, where USDA has provided over $59.5 million in loan guarantees to help rural businesses grow, innovate and create jobs. You can see economic activity everywhere.
For example, consider Pride of the Hills Manufacturing, Inc., a company that supports the natural gas industry. Pride of the Hills was awarded $1,940,000 in financing through the American Recovery and Reinvestment Act (Recovery Act), directed through USDA Rural Development’s Business and Industry Guaranteed Loan Program. The company will use the money to modernize equipment, improve operational efficiency and add 49 new jobs.
Fonte: White House