Indianola, Mississippi, Congressional District 2
This project consists of a renovation of a publicly-owned building for a long-term lease to Parmida LED Technologies. This will be a new warehouse and distribution facility which will create 20 new jobs.
Parmida’s move to Indianola and Sunflower County will create a minimum of 20-net new jobs of which at least 11 will go to low-and- moderate income individuals.
Renovations are currently under construction and the expected completion is for January 2022.
MS Capital Improvement Loan: $1,500,000
Community Development Block Grant: $400,000
Private contribution: $1,000,000