Areas Served: Bienville, Bossier, Caddo, Claiborne, DeSoto, Lincoln Parish,
CDC, through its subsidiary, The ArkLATex Investment and Development Corporation, has joined with the USDA’s Rural Development in making available the Intermediary Relending Program for new and growing businesses in the tenparish Northwest Louisiana Area of Bienville, Bossier, Caddo, Claiborne, DeSoto, Lincoln Parish, Natchitoches, Parish, Red River, Sabine and Webster.
Loans from $10,000 up to $150,000 (75% of project costs) can be financed for projects in rural areas of the parishes served by CDC.
The focus of this program is to create or retain jobs.
The program supplements private lenders= efforts by either participating with them on special financing projects or direct loans to borrowers who cannot qualify under the private lenders= rules.
Contact InformationCoordinating & Development Corporation
Address: 5210 Hollywood Avenue
City: Shreveport
State: Louisiana
Website:
http://www.cdconline.org/new/sfinser.htm#USDA
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