Promote and encourage development of an agriculture industry in Alaska.
- Provide moderate interest rate loans for Agricultural Development.
|Mission Results||Core Services|
|A: Result - Provide financing for agriculture development and expansion.|
|A1: Core Service - Provide moderate interest rate loans for Agricultural Development.|
Target #1: Support the financial need of the agriculture industry.
Agricultural Revolving Loan Fund Activity Posted in the Millions
Analysis of results and challenges: Loan applicants in the past couple of years have not met the minimum qualifications for loans and the unstable funding for McKinley Meat & Sausage has affected producers applying for loans.
There are six loan types:
-Short term (operating)
Historically half of the annual loan demand is for short-term operating loans.
Current as of November 13, 2018