Pennyrile Area Development District
A Regional Planning & Development Agency
Business Lending

PADD Loan Funds

PADD operates a Revolving Loan Fund which makes loan funds available for economic development projects in the region.  Under the program, applicants can request loan funds up to $250,000 for economic development projects such as equipment purchases or land and building acquisition.  Terms of the loan vary depending on the type of project.  The Revolving Loan Fund program provides companies with a low interest financing option for projects that spur job creation and retention in the Pennyrile region.

The PADD contacts for the Revolving Loan Fund are Amy Frogue and Jason Vincent.