Agriculture approves $95 million in rural broadband loans

Agriculture approves $95 million in rural broadband loans

The Agriculture Department has approved $95.2 million in loans to expand access to high-speed Internet technology for 46,000 homes and businesses in several rural communities in California, Iowa, Kansas, Michigan, South Dakota and Texas.

"These funds are part of the Bush administration's commitment to work in partnership with the private sector to bring universal access to broadband technologies to rural communities," said Gilbert Gonzalez, Agriculture's acting undersecretary for rural development.

The two largest loans went to Sierra Telephone Co. Inc. of Oakhurst, Calif., for a $38.3 million loan to install new technology to improve broadband access for 6,000 homes and businesses, and ETS Telephone Co. & Subsidiaries of Houston for $22.7 million to provide broadband access to 24,000 users.

About the Author

Mary Mosquera is a reporter for Federal Computer Week.

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