Expedited Guaranteed Lender Pilot Program Act
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Summary
This bill establishes a pilot program at the USDA to streamline the approval process for farm loan guarantees provided through Preferred Certified Lenders to creditworthy borrowers. The program would expedite application processing and certification procedures without waiving substantive eligibility requirements. The pilot would run for five years (through September 30, 2031) and require annual reports to Congress on its implementation and results.
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