Arkansas Code Title 15, Subtitle 1, Chapter 4, Subchapter 25 - Small Business Loan Collaboration Program
- § 15-4-2501 - Definitions.
As used in this subchapter: (1) "Commission" means the Arkansas Economic Development Commission; (2) "Community lender" means any organization that is involved in making...
- § 15-4-2502 - Fifty-Percent Loan Subsidy Program.
(a) The Arkansas Economic Development Commission shall institute a program to make participation loans that are originated by approved community lenders for small businesses...
- § 15-4-2503 - Lender Application -- Approval.
(a) Any community lender that desires to seek participating loans from the Arkansas Economic Development Commission pursuant to the program authorized by this subchapter...
- § 15-4-2504 - Supporting Documents.
Each community lender requesting a participating loan shall submit to the Arkansas Economic Development Commission an application, supporting documents, and instruments as may be...
- § 15-4-2505 - Duty to Seek Collaboration.
The Arkansas Economic Development Commission shall: (1) Actively seek support from and collaboration with statewide financial institutions, the Arkansas Credit Union League, Small Business...
- § 15-4-2506 - Regulations.
The Arkansas Economic Development Commission shall promulgate regulations to implement this subchapter.
Last modified: November 15, 2016