$2.0M
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Provides low-interest loans to businesses for land and building acquisition, construction, and renovation to create or retain jobs in Pennsylvania. Loan rates are significantly below conventional market rates, reducing carrying costs for capital projects.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Business must be creating or retaining full-time jobs in Pennsylvania
2.Loan used for land, building purchase, construction, or renovation
3.Rate: approximately 2.25%–3.75% depending on project and location
4.Project must be in an eligible use category: industrial, R&D, agribusiness, or tech
5.Applications processed through certified economic development organizations
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