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This report provides an overview of the U.S. Department of Agriculture (USDA), Rural Business Programs, Business and Industry (B&I) Guaranteed Loan Program. In fiscal year (FY) 2011, the B&I Guaranteed Loan Program provided federal loan guarantees on 511 commercial loans (totaling $1.4 billion) to rural businesses. The program helps lenders and borrowers improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rural communities. The program provides guarantees of 60, 70, or 80 percent, depending on loan size, with loans over $10