---
kind: "section"
citation: "7 C.F.R. § 1738.51"
title: "7"
number: "1738.51"
heading: "Eligible entities."
url: "https://uscodex.org/cfr/7/1738.51"
---

# §1738.51. Eligible entities.

- (a) To be eligible for funding, an Applicant may be either a nonprofit or for-profit organization, and must take one of the following forms:
  - (1) Corporation;
  - (2) Limited liability company (LLC);
  - (3) Cooperative or mutual organization;
  - (4) Indian tribe or tribal organization as defined in [25 U.S.C. 5304](/usc/25/5304.md); or
  - (5) **State or local government, including any agency, subdivision, or instrumentality thereof.**
- (b) For loan guarantees, the underlying loan must be issued to an entity that meets the requirements in this part.

## Notes

### Authority

Authority: 7 U.S.C. 901 et seq.

### Source

Source: 85 FR 14398, Mar. 12, 2020, unless otherwise noted.