Small Business Revolving Loan Fund

March 07, 2023

Summary

The Arkansas Department of Environmental Quality (ADEQ) offers low-interest loans to small businesses to institute pollution control measures required by state or federal law, or to institute pollution prevention and waste reduction measures. Loans can be used to purchase equipment or make process changes to fulfill one or more of the activities:

Elimination or reduction of wastes, effluents, and emissions at the source
Conservation of natural resources
Reuse of materials and recycling
Procurement of environmentally preferable products

Loan applications can be found on the program website or interested applicants can contact the Business Assistance section of the ADEQ. Applications must include a completed loan application, tax returns from the last three years, and a complete description of and construction cost estimates for the proposed project.

Program Overview

Implementing Sector:	State
Category:	Financial Incentive
State:	Arkansas
Incentive Type:	Loan Program
Web Site:	http://www.adeq.state.ar.us/poa/sba/envloans.htm
Administrator:	Arkansas Department of Environmental Quality
Start Date:
Eligible Renewable/Other Technologies:	Comprehensive Measures/Whole Building
Maximum Loan:	Per loan: $45,000 Lifetime maximum per business: $65,000
Loan Term:	Term of up to 10 years; available to profitable businesses with 100 or fewer employees

Contact

Name:	Michelle Gillham
Organization:	Environmental Program Coordinator - Arkansas
Address:	5301 Northshore Drive North Little Rock AR 72118-5317
Phone:	(501) 682-0816
Email:	gillham@adeq.state.ar.us

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.