TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION

THIS CORPORATION IS ORGANIZED FOR THE PRIMARY PURPOSE AND OBJECTIVE OF FURTHERING THE ECONOMIC DEVELOPMENT AND SOCIAL WELFARE OF THE STATE OF TEXAS, WITH A PRIMARY FOCUS ON ARMSTRONG, BRISCOE, CARSON, CASTRO, CHILDRESS, COLLINGSWORTH, DALLAM, DEAF SMITH, DONLEY, GRAY, HALL, HANSFORD, HARTLEY, HEMPHILL, HUTCHINSON, LIPSCOMB, MOORE, OCHILTREE, OLDHAM, PARMER, POTTER, RANDALL, ROBERTS, SHERMAN, SWISHER, AND WHEELER COUNTIES, AND THEIR ENVIRONS BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS, INCLUDING SMALL BUSINESS CONCERNS, IN SUCH AREA. THE PRINCIPAL OBJECTIVES OF THE CORPORATION SHALL BE TO BENEFIT THE COMMUNITY BY FOSTERING THE INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY FOR THE CITIZENS OF THE AREA. MONETARY PROFITS OR OTHER BENEFITS TO MEMBERS MUST BE MERELY INCIDENTAL THERETO. THE FINANCIAL PROGRAM, EXCEPT THOSE PERMITTED UNDER TITLE V OF THE SMALL BUSINESS CORPORATION, SHALL NOT PARTICIPATE IN ANY OTHER SBA.