Is The Cup Loan Program A Scam? Read To Find Out

The cup loan program is a legit loan program from the USDA. It’s been used by different groups to fund their building and renovation projects. They promise you easy loans without checking your credit, asking for valuable things as security, or charging upfront fees. They claim you can get up to $50,000 and have the money in your bank within two days.

But is it legit? Have real people tried out this company? What are there opinions? Read this article to find out.

What Is The Cup Loan Program: Is It A Scam

The Cup Loan Program, also called the Community Use of Public Facilities (CUPF) Loan Program, is a government plan by the United States Department of Agriculture (USDA) so it’s not a scam. It gives out loans to places like schools, libraries, hospitals, fire stations, and community centers to help them build or fix up their buildings. The idea is to make life better and boost the economy in rural areas across the United States.

How Does It Work

The Cup Loan Program gives people low-interest loans that fit their needs. Applying is easy, and once you do, they check your application. If it’s approved, they give you the money.

Am I Eligible To Apply?

To qualify for the Cup Loan Program, you need to be a public organization like a city, county, or town, and located in a small community with less than 20,000 people. Your organization should be responsible for important community services like schools, healthcare, or recreation. Plus, you should show that you can handle money well and pay back the loan.

Here are the Main Things to know about the Cup Loan Program:

  1. Low-interest rates: You can get loans with low interest rates and flexible terms. This makes it easier to afford improvements to public buildings in rural areas.
  2. Wide range of uses: The loans can be used for lots of things, like building new facilities, expanding existing ones, fixing up or renovating current buildings, buying land or equipment, or paying off existing debts.
  3. Eligibility: If you own or run a public building in a rural area with fewer than 20,000 people, you can apply for this program.
  4. Loan amount: You can borrow anywhere from $10,000 to $25 million, depending on what you need.
  5. Repayment period: You’ll have up to 30 years to pay back the loan, giving you plenty of time to manage your finances.

To Apply For a CUP Loan, Follow These Steps:

  1. Visit the USDA website ( rd.
  2. Choose the loan type: for homes, businesses, or communities.
  3. Select your specific purpose, like buying, building, repairing, or refinancing.
  4. Explore available options and click for more information.
  5. Read about each loan or grant carefully.
  6. Once you’ve chosen, begin the application process by following the provided steps.

Testimonials From People Who Tried Cup Loan

I applied for the cup fund once last year and received it immediately. I was past due on rent one month, submitted the application with a letter from my landlord saying so, and $1000 was in my account I believe by my next paycheck. It was very easy, and really helped me. I’m not a partner anymore, so I don’t know if rules changed or it got more difficult. But they do require proof or else you will be denied

I received the CUP fund last year due to needing emergency aid for past due bills or we’d have our stuff shut off. However, It helped a lot, but I do notice that it’s mostly older partners (pre-320***) that contribute. I personally contribute each time, but I pay so rarely for my things since I just use my markouts that I don’t do it very often.

How To Know If A Loan Offer Is Real or a Scam:

  1. Check the lender online and look for reviews.
  2. Watch out for offers that seem too good, require upfront fees, or have very low rates.
  3. Make sure the lender has clear contact info.
  4. Read and understand the loan terms.
  5. Be cautious if they claim no credit check.
  6. Don’t rush into decisions; take your time.
  7. Ensure the lender is licensed.
  8. Get recommendations from trusted sources.
  9. Check if the website is secure.
  10. Trust your gut, if it feels sketchy, it might be

Can I Use It For Personal Use

The Cup Loan Program is meant for non-personal projects, like businesses or organizations. But if you need money for personal stuff, Loan Pioneer has an option for personal loans up to $5,000.


Finally, The Cup Loan Program from the USDA helps public places like parks and community centers. It’s legit and backed by the government, offering loans with low interest rates. These loans are perfect for local governments and charities looking to build or upgrade public areas in rural areas.

Similar loan company: Lending Tree

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