Have you heard of the Cup Loan Program which gives loans at low interest rates to finance public facility projects? Have you been struggling with high-interest loans and short repayment times? Then you should consider this program. Before you proceed with the application, however, read this comprehensive Cup Loan Program review to know whether it is worth it or not. You will also get to see whether it is a legitimate scheme or a scam. And I will show you what others are saying about the loan program. So, join me as we look through it together.

One of the best ways to sort finances to expand a business is by getting a loan. However, commercial and traditional loans come with high interest rates which makes them a bone in the neck and in the long run, defeat the original aim of the loan. To reduce the impacts of such loans, the United States Department of Agriculture decided to introduce a loan program to help public facility projects.

In this article, we are going to closely examine the loan scheme, especially in line with its reviews to know whether it has served the purpose for which it was established. This is to help you make an informed decision before proceeding with your application. So, continue reading to know more.

What Is The Cup Loan Program?


As you may have inferred from the preceding paragraphs, the Cup Loan Program is a financial intervention scheme offered by the United States Department of Agriculture (USDA). It is aimed at giving loans of up to $10,000 to finance public facility projects. Its loans are given at very low interest rates and you have up to 40 years to repay the loan.

All you have to do is read through its eligibility criteria, get your documents ready, and apply for the loan. The approval process is quite strict. However, if you are approved for it, you will get the required funds. Before you start applying, read the next section to see the Cup Loan Program reviews.

Cup Loan Program Reviews


Looking through the internet, there is evidence that’ the Cup Loan Program has carried out its aim effectively. It has received applause from public facility owners and members of the public for giving low-interest loans for the renovation, reconstruction, and building of public facilities.

Many people praised them for the straightforward application process. It also received commendations for its thorough and unbiased screening and approval process. However, its highest praises emanate from the high loan amount that it gives and the long repayment term it offers, unlike commercial loans.

Nonetheless, the loan scheme also has a few negative reviews on some platforms like Quor where many people are displeased with the fact that the program is only available to public facilities and not for personal businesses. Others are also not pleased with the long screening and approval time.

And a few others raised the alarm that the program is fake because they have fallen victim to fake Cup Loan Programs online which demand money for processing and do not respond afterward. Below are some specific comments that can serve as reviews about the loan program.

“I am very excited about the Cup Loan, my school has taken a new and beautiful shape and it is ready to accommodate more students at the resumption of the new academic session”

Jake wrote, “The Cup Loan Program is highly commendable. The application process was easy for me and the staff was helpful throughout the process”. Below are some projects that have been executed with funds from the loan program.

  • Fire station in North Dakota
  • The building of a community center in Texas.
  • The renovation of a public library in Georgia
  • Choteau County Health Department, Montana
  • Harris County School District, Georgia, and so much more.

Cup Loan Program Reviews On BBB


The Better Business Bureau (BBB) is one of the most popular review platforms and here, you will get the views of customers about many businesses. Interestingly, this platform is silent about the Cup Loan Program. It does not have a profile on BBB and there are no ratings and comments about it. The reason for this could be that BBB is a paid platform and Cup Loan is a government program hence, it has not seen the need to register and pay for a page on the former’s website.

Cup Loan Program Reviews On Trustpilot

Like the above, there are no Cup Loan Program reviews on Trustpilot. There are no explanations about the silence but one can deduce that it might have stemmed from the fact that it is a government program.

Cup Loan Program Legit Or Fake?


No, the Cup Loan Program is a legit, it is a legitimate program of the United States Department of Agriculture, and as such it is not a scam. It has every license to operate and from the review section above, you can see that it has indeed done what it claims to do.

However, it has a little drawback in the sense that its online presence is not so noticeable. So, scammers have and are using this avenue to scam people in the guise of being the program. In other words, there are many fake Cup Loan Programs online that have succeeded in defrauding many people. Read the next paragraph to learn how to spot fake Cup Loan programs when they come your way.

How To Spot A Fake Cup Loan Program


To avoid falling victim to fake Cup Loan Program scams, here are some of the signs to look out for:

  • They send you loan offers through email, social media, text messages, etc.
  • Loan amounts are exorbitantly very high
  • No credit check
  • Request upfront loan fees
  • Are in a haste to get your details
  • No clear loan terms
  • Incoherent use of the English Language in writing, etc.

Pros And Cons Of Cup Loan Program


The following are some of the advantages and disadvantages of the Cup Loan Program.


  • High loan amount
  • Low interest rates
  • No upfront fees
  • Easy application process
  • Clear loan terms
  • Long repayment time.


  • Much eligibility criteria
  • Long processing and approval time
  • Available to only public facilities
  • No popular online presence.

What Are The Eligibility Criteria For The Cup Loan Program?


To qualify for the loan, you must meet the following criteria;

  • Must have a public facility
  • Facility must be located in a rural area.
  • The population of the area where your facility is located must not be less than 2,000 people.
  • Must meet the middle household/ poverty line criteria, etc.

What Kind Of Public Facility Can Apply For The Cup Loan Program?

Some of the public facilities that can apply for this program are schools, hospitals, libraries, fast food restaurants, transport services, community centers, parks, etc.

Can I Use The Cup Loan For Personal Needs?


No, the funds from the Cup Loan Program are meant for the purpose that it was approved for. You will be strictly monitored to make sure that the funds are used judiciously hence they can not be used for personal needs.


From the Cup Loan Program reviews that this article has dealt with, I know you will no longer have any doubt that it is legit. However, take note of how to spot the fake Cup Loan being paraded online to avoid falling victim to scams.