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LoanPennsylvaniaActiveVerified

Pennsylvania Small Business First Loan

Pennsylvania Industrial Development Authority (PIDA)PA-SBFRefreshed 1 month ago
Do I qualify?
Max funding

$200K

per applicant

Type

Loan

Below-market financing

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Apply when you're ready

Complexity

Moderate

Underwriting required

About This Program

Low-interest loans of $100,000–$200,000 for small Pennsylvania businesses that cannot access conventional financing. Available for equipment, working capital, or land and building acquisition, with interest rates typically at 3% for disadvantaged businesses and 5% for others.

Key Requirements & Eligibility

  • 1100 or fewer full-time employees
  • 2Loan: $100,000–$200,000
  • 3Rates: 3% (economically disadvantaged business) / 5% (standard)
  • 4Must have been denied conventional bank financing
  • 5Project must create or retain jobs

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.

0 of 5 answered

1.100 or fewer full-time employees

2.Loan: $100,000–$200,000

3.Rates: 3% (economically disadvantaged business) / 5% (standard)

4.Must have been denied conventional bank financing

5.Project must create or retain jobs

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