Interstate Communications in Truro has received a $1 million loan from the U.S. Department of Agriculture for a 10-year, no-interest loan to C & L Cos. Inc. of Urbandale for its $1.8 million expansion in Warren County. C & L is set to begin construction today on a distribution, warehouse and research center. The USDA program provides loans and grants to local cooperatives and municipal utilities that re-lend money to local businesses for projects that will create and retain jobs in rural areas. Interstate Communications also received a grant from the Ripple Effect program that is operated under an alliance between Iowa Network Services Inc. and the Iowa Area Development Group to provide low-interest loans to businesses planning grants to communities and their economic development partners. In addition, Warren County government will receive $336,000 from a variety of sources to create a revolving loan fund that will be used first for the C & L project, then for other developments as it is repaid. The county will receive a 10-year, interest-free $280,000 from the USDA to pave Nixon Street, presently a gravel road, to the C & L project. Another $56,000 is being provided through Interstate Communications, Iowa Network Services and the Iowa Area Development group. All of the funds will be combined in the revolving loan fund that the county will operate. Read more about the C & L project at BusinessRecord.com.