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BUSINESS ASSISTANCE PROGRAMS

TARGET
Manufacturing, non-profit, energy, solid waste disposal, transportation facilities.
USES
Land and building acquisition, building renovation and new construction, machinery and equipment acquisition and installation, designated infrastructure tax-exempt bond refunding.
AMOUNTS
Loans of no less than $400,000 and no more than $10 Million for manufacturers; no upper limit for other projects; up to 100% of project costs.
TERMS/CONDITIONS
85% of prime interest rate; weekly variable interest rate tied to market for tax-exempt bonds; up to 30-year term; borrower generally must secure letter of credit from bank.

[
Pennsylvania Industrial Development Authority | PEDFA Tax-Exempt Pooled Bond Program | PEDFA Taxable Bond Program ]



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