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East Arkansas Planning & Development District
Promoting and Supporting Economic Development in East Arkansas
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Eligible Projects and Activities

Projects that may be undertaken with revolving loan monies:

  • Business construction, conversion, expansion, repair, modernization and development costs;
  • Purchase and development of land, easements, rights-of-way, buildings, facilities, leases or materials;
  • Purchase of equipment, leasehold improvements, machinery or supplies;
  • Pollution control and abatement;
  • Start-up operating costs and working capital;
  • Reasonable fees related to the project;
  • Aquaculture.

All projects must be located within the borders of EAPDD.

General Criteria for Financing

  EDA RDA
Service Area All 12 counties Communities under 25,000 population
Lines of Credit Not Eligible Not Eligible
Refinancing Not Eligible Not Eligible
Interest Rate Flexible* Flexible*
Loan Limits $200,000 $187,000
* Approximately 5% above the Federal Reserve's primary credit rate.


 

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Quick Docs

2009 CEDS Document

  • EAPDD_CEDS_2009.pdf

Gap Map: Large Composite

  • 4475-033-FG02.pdf

Gap Study Report with Maps

  • EARSWD_Gap_study_12-23-08.pdf

GIF-1 (Community Enhancement)

  • GIF-1-App.doc

GIF-2 (Fire Protection)

  • GIF-2-App.doc

GIF-3 (County Fair)

  • GIF-3-App.doc
East Arkansas Planning & Development District
2905 King Street • P.O. Box 1403
Jonesboro, AR 72403
Phone: (870) 932-3957 • Fax: (870) 932-0135
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