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Recent Deals
The following are the projects approved by CREDC 2010 year to date:
|
Type of Business
|
County
|
Program
|
Loan
Amount |
Amount
Leveraged |
Jobs
|
Financing
Partner |
|
Manufacturer |
Cumberland |
*SBF |
$ 200,000 |
$ 271,532 |
20 |
Wachovia Bank |
|
Grocer & Food |
Franklin |
*SBA 504 |
$ 946,000 |
$ 1,401,875 |
104 |
Sovereign Bank |
|
Grocer & Food |
Franklin |
*SBA 504 |
$ 354,000 |
$ 520,201 |
Same |
Soverign Bank |
|
Drywall Construction Contractor |
Cumberland |
*SBF |
$ 154,000 |
$ 156,270 |
8 |
M & T Bank |
|
Cafe |
Dauphin |
*CED |
$ 11,500 |
$ 11,800 |
3 |
Equity |
|
Car Repair Service |
Lancaster |
*SBA504 |
$ 185,000 |
$ 268,687 |
4 |
M & T Bank |
|
Insurance Claim Processing |
Cumberland |
*SBA504 |
$ 324,000 |
$ 475,793 |
20 |
Members 1st |
|
Mexican Store & Restaurant |
Dauphin |
*CED |
$ 100,000 |
$ 360,000 |
4 |
Mid Penn Bank |
| Immigration Professional Service | Cumberland | *SBA504 |
$ 262,000 |
$ 383,245 |
20 | M &T Bank |
|
Totals
|
$2,536,500
|
$3,849,313
|
183
|
*Ag= Agriculture
*CED= Community Economic Development Loan
*EZLF= Enterprise Zone Loan Fund
*FIF= First Industries Fund
*MBDF= Minority Buisness Development Fund
*MELF= Macherinery & Equipment Loan Fund
*PEDFA= PA Economic Development Finance Authority
*PIDA= PA IndustrialDevelopment Authority
*SBA 504= Small Business Administration 504 Loan
*SBF= Small Business First Fund
*T= Tourism
If you have any questions on the loan process or the loan programs contact Eric Fischer at 717.213.5042 or This e-mail address is being protected from spambots, you need JavaScript enabled to view it
