The Agricultural Loan Guarantee Program is to provide financial assistance in the form of loan guarantees to eligible applicants who desire to establish or enhance a farming or ranching operation or an agricultural-related business. A loan guarantee recipient may use proceeds from the loan for working capital for operating a farm or ranch, including the lease of facilities and the purchase of machinery and equipment, or for any agriculture-related purpose, including the purchase of real estate, as identified in recipient's documentation submitted in support of the application. These rules establish standards of eligibility and application procedures for the program.
4 Tex. Admin. Code § 28.22