Department of
Economic & Community Development
Matthew Kisber, Commissioner

Feedstock Processing Demonstration Loan

The aim of this loan program, which is administered by ECD and the Tennessee Department of Agriculture, is to spur investment in agricultural feedstock processing facilities across the state, primarily to insure that Tennessee-grown soybeans are utilized in the production of biodiesel fuel. The program is open to new applications as existing loans are repaid.

Eligibility

Facilities eligible to receive a Feedstock Processing Demonstration Loan include those in which more than 200,000 bushels are processed each year. All prospective applicants must submit a business plan with the application and credit authorization form.