2012 Debt Modeling Negotiation 
Buisness Facilities Contributed Content
APRIL 15, 2014
In 2012 AIDT became a division of the Alabama Department of Commerce. Includes expenditures incurred for work performed after June 1, 2012 and before July 1, 2016. The program has $18 million in funds as of October 2012. ARB must approve hybrid truck and bus models for them to become eligible for the program.
Buisness Facilities Contributed Content
MARCH 21, 2014
Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Lenders negotiate their own fees and the USDA charges 2 percent of the guaranteed amount as a one-time fee.
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