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Allentown Loan Fund
Local revolving loan financing for Allentown businesses creating jobs and investing in the city.
About this program
The Allentown Loan Fund provides gap financing to eligible businesses in Allentown for startup, expansion, equipment, working capital, and real estate needs. The fund is intended to encourage business investment and job creation in the city.
Eligibility
For-profit businesses located in or moving to Allentown that meet underwriting, job creation, and eligible use requirements.
Requirements
- Contact Allentown economic development or AEDC program staff
- Submit business plan, financial statements, tax returns, project budget, collateral, and job information
- Meet underwriting, repayment, eligible use, and job creation or retention requirements