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PA

Pennsylvania Industrial Development Authority (PIDA)

Low-interest loans and lines of credit for eligible businesses that commit to creating and retaining full-time jobs.

About this program

Low-interest loans and lines of credit for eligible businesses that commit to creating and retaining full-time jobs.

Eligibility

Packaged through certified economic development organizations; commonly used by manufacturers, industrial developers, R&D firms, agricultural processors, and employers establishing regional or national headquarters.

Requirements

  • Must commit to creating and retaining full-time jobs
  • Must meet program underwriting and collateral requirements
  • Eligible uses include land and building acquisitions, construction and renovation, machinery and equipment purchases, working capital and accounts receivable lines of credit

Funding Categories

State Business Financing