Notes to SEFA
The balances of federal loans outstanding as of June 30, 2025 were: Intermediary Relending Program $7,959,178 Rural Micro Entrepreneur Assistance Program $84,810
The Economic Adjustment Assistance program is a revolving loan fund and is considered to be a loan program. Federal expenditures reported above are based on the following formula, as specified by the Department of Commerce and Economic Development Administration. Balance of RLF principal outstanding at year-end $1,000,283 Cash and investment balance in RLF at year-end $92,377 Federal Share of RLF Grant Award 80% Economic Adjustment Assistance Federal Expenditures $874,128
There were no awards passed through to subrecipients.