37 jobs coming soon to NWLA, thanks to USDA Grant | Business

USDA Agriculture Secretary Tom Vilsack announced Thursday that funding is being provided to producers and development organizations in 40 states and the Commonwealth of Puerto Rico to promote job creation and business development.

One of the recipients announced is in Shreveport, Louisiana.

The Coordinating and Development Corporation has been selected for a $750,000 Intermediary Relending Program (IRP) loan to provide low-interest financing to public and non-profit groups for business and community development. This loan fund is available to finance eligible recipients in rural areas of Bienville, Bossier, Caddo, Claiborne, DeSoto, Lincoln, Natchitoches, Red River, Sabine, and Webster Parishes.

The project is expected to create 37 jobs.

Information provided by:  Rural Development, U.S. Department of Agriculture