Grant · Community & economic development
PIDA-Loans
Community & Economic Developmentwww.pa.gov (opens in a new tab)Catalog updated
- Amount
- Not listed
- Program type
- Grant
- Field
- Community & economic development
- Eligible career stages
- Not listed
About this program
The Pennsylvania Industrial Development Authority (PIDA), through the Department of Community and Economic Development, offers low-interest loans and lines of credit to eligible businesses and for developing industrial parks and multi-tenant facilities. Applicants must commit to creating or retaining full-time jobs, and applications are packaged and underwritten through certified economic development organizations (CEDOs). PIDA loan approvals exceeding $400,000 are subject to a 1% commitment fee.
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