Sierra Group

Blytheville,
AR
(2022)

Sierra Group

Business Development, Loan Fund

Redeployment of small dollar loan fund payments to a roofing company to purchase new equipment.

Investment

NMTC Amount: $500,000
Total Project Cost: $500,000

IMPACT

25 FTE jobs

CDEs

Heartland Renaissance Fund

Investor

Southern Bancorp

Project Description

Redeployment of small dollar loan fund payments to a roofing company to purchase new equipment.

MAP

Address: 101 West Walnut Street, Blytheville, AR 72315

Census Tract: 5093010100

Other Arkansas Projects

VinTech Nano Materials

Business Development, Manufacturing, Tech Manufacturing

CDE(s): Advantage Capital

Vintech Nano Materials produces lubricants, coatings, and cutting tools using proprietary nanoscale additives that increase production rates and part quality while reducing setup times and costs. The company received NMTC

Arkansas Baptist College

Little Rock,
AR
(2011)

Adult Education, College or Vocational Training, Community

CDE(s): Heartland Renaissance Fund

Construction of a new residential dorm facility, cafeteria, and renovation of Old Main on the campus of Arkansas Baptist College.

Highland Pellets

Pine Bluff,
AR
(2017)

Adult Education, College or Vocational Training, Community, Energy, Manufacturing

CDE(s): Capital One, Heartland Renaissance Fund, River Gorge Capital

Construction of a biomass pellet facility. 30% of workforce to be filled by prisoner return to work employees through second chance program.

Sierra Group

Blytheville,
AR
(2022)

Business Development, Loan Fund

CDE(s): Heartland Renaissance Fund

Redeployment of small dollar loan fund payments to a roofing company to purchase new equipment.