Arkansas Code Title 8, Chapter 5, Subchapter 8 - Small Business Revolving Loan Fund

• § 8-5-801 - Title.
  This subchapter may be called the "Small Business Revolving Loan Fund for Pollution Control and Prevention Technologies Act".
• § 8-5-802 - Purpose.
  It is the purpose of this subchapter to authorize the Arkansas Department of Environmental Quality to establish and administer a revolving loan fund to...
• § 8-5-803 - Definitions.
  As used in this subchapter: (1) "Applicant" means any business concern operating within the State of Arkansas that meets the criteria of a person,...
• § 8-5-804 - Eligible Activities.
  (a) Moneys deposited in the Small Business Revolving Loan Fund within the Arkansas Department of Environmental Quality may be: (1) Loaned to eligible participants...
• § 8-5-805 - Eligible Applicants.
  (a) An eligible applicant shall: (1) Employ one hundred (100) or fewer individuals, including both full-time and part-time employees, through direct hiring or contract,...
• § 8-5-806 - Terms of the Revolving Loan.
  (a) (1) The maximum loan amount shall be: (A) Forty-five thousand dollars ($45,000) per mandated pollution control project; (B) Forty-five thousand dollars ($45,000) per...
• § 8-5-807 - Small Business Revolving Loan Fund.
  (a) There is created within the Arkansas Department of Environmental Quality a revolving loan fund: (1) Which shall be designated the "Small Business Revolving...
• § 8-5-808 - Administration of the Program.
  The Arkansas Department of Environmental Quality will manage the program through its Small Business Assistance Program. The program is authorized to delegate the management...

Last modified: November 15, 2016