FAC Explorer

Audit 393232

FY End
2025-09-30
Total Expended
$6.10M
Findings
0
Programs
2
Organization: Appalachian Development Corporation (SC)
Year: 2025 Accepted: 2026-03-23
Auditor: GREENE FINNEY CAULEY LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
10.767 INTERMEDIARY RELENDING PROGRAM $1.02M Yes 0
23.011 APPALACHIAN RESEARCH, TECHNICAL ASSISTANCE, AND DEMONSTRATION PROJECTS $215,995 Yes 0

Contacts

Name Title Type
GYHTHFZ4V587 Connally Bradley Auditee
8643822358 Ken Meadows Auditor
No contacts on file

Notes to SEFA

The revolving loan fund is comprised of grants and loans from federal funds received in the current fiscal year or previous years. Additions are new loans made during the current fiscal year from the ARC Revolving Loan Fund and the ARC Entrepreneurial Revolving Loan Fund (collectively “ARC RLF”), and the USDA Intermediary Relending Program (“USDA IRP”). The outstanding loan balances as of September 30, 2025 are summarized as follows: