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The following are the projects approved by CREDC 2008 year to date
|
County |
|
Loan
Amount |
Amount
Leveraged |
Jobs |
Financing
Partner |
Advanced Technology Publisher |
Dauphin |
*EZLF |
$ 250,000 |
$3,155,375 |
64 |
Soverign Bank |
Grocery Store |
Dauphin |
*MBDF |
$80,000 |
$420,000 |
|
PNC Bank |
Foot & Ankle Therapy |
Dauphin |
*SBA 504 |
$1,092,697 |
$1,952,221 |
12 |
Commerce Bank |
Hotel |
Dauphin |
*SBF |
$ 200,000 |
$ 531,020 |
17 |
Graystone Bank |
| |
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Totals |
|
$1,662,697 |
$6,058,616 |
101 |
|
The following are the projects approved by CREDC 2007 year
|
County |
|
Loan
Amount |
Amount
Leveraged |
Jobs |
Financing
Partner |
Dairy Farm |
Cumberland |
*FIF-Ag-SBF |
$ 200,000 |
$ 483,440 |
3 |
Ag Choice Farm Credit |
3rd Party Administrator |
Dauphin |
*PIDA |
$ 1,746,707 |
$ 4,075,651 |
|
Fulton Bank |
Entertainment Facility |
Cumberland |
*FIF-T-MELF |
$ 506,600 |
$ 834,400 |
30 |
Member's First |
Cattle Farm |
Cumberland |
*FIF-Ag-SBF |
$ 200,000 |
$ 434,500 |
2 |
Orrstown Bank |
Dairy Farm |
Cumberland |
*FIF-Ag-SBF |
$ 66,150 |
$ 66,150 |
2 |
Fulton Bank |
Manfacturer |
Dauphin |
*PIDA |
$ 302,653 |
$ 706,190 |
24 |
Equity |
Dairy Farm |
Cumberland |
*FIF - Ag MELF |
$ 113,100 |
$ 113,100 |
0 |
Ag Choice Farm Credit |
Direct Mail Production |
Dauphin |
*SBF |
$ 139,654 |
$ 139,654 |
7 |
Fulton Bank |
Daycare |
Dauphin |
*SBF |
$ 166,187 |
$593,813 |
12 |
Soverign Bank |
Restaurant |
Cumberland |
*SBF |
$200,000 |
$1,380,700 |
19 |
Orrstown Bank |
Parts Distribution |
Dauphin |
*EZLF |
$150,000 |
$394,375 |
45 |
Mid-Penn Bank |
Food Processor |
Dauphin |
*SBF |
$87,500 |
$115,073 |
5 |
Graystone |
Restaurant |
Dauphin |
*SBF |
$161,950 |
$161,950 |
15 |
Equity |
Gymnastics Center |
Lebanon |
*SBF504 |
$700,000 |
$1,150,000 |
16 |
PA State Bank |
Chicken Farm |
Cumberland |
*FIF-Ag-SBF |
$200,000 |
$500,000 |
2 |
Fulton Bank |
Fabricator |
Dauphin |
*SBF |
$152,662 |
$184,977 |
18 |
Fulton Bank |
Dairy Farm |
Cumberland |
*FIF-Ag-SBF |
$200,000 |
$2,150,000 |
7 |
F&M
Trust |
Injection Molding |
Cumberland |
*SBF |
$92,394 |
$92,394 |
8 |
Community
Banks |
Stone Quarry |
Dauphin |
*PIDA |
$434,200 |
$651,300 |
23 |
Equity |
Stone Quarry |
Juniata |
*PIDA |
$506,980 |
$760,470 |
39 |
Equity |
Manufacturer |
Dauphin |
*SBF |
$200,000 |
$212,200 |
8 |
Susquehanna |
Turkey Farm |
Dauphin |
*FIF-Ag-SBF |
$200,000 |
$547,533 |
2 |
Gratz National Bank |
Dairy Farm |
Dauphin |
*FIF-Ag-SBF |
$200,000 |
$308,500 |
2 |
Gratz National Bank |
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Totals |
|
$ 6,926,737 |
$ 16,056,330 |
364 |
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*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 Melissa McLaughlin at 717.213.5042 or mmclaughlin@hbgrc.org
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