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CREDC Supports Local Business Growth with $285K Loan for Mechanicsburg Expansion

Harrisburg, PA – November 8, 2024 – The Capital Region Economic Development Corporation (CREDC) is pleased to announce the recent settlement of a loan project through the Enterprise Zone Revolving Loan Fund (EZ Loan Fund). This loan closing showcases CREDC’s commitment to supporting local businesses and fostering economic growth within our Enterprise Zones. 

Parath, LLC, on behalf of its industrial occupant, SupplySource, Inc., closed on a $285,050 loan on November 8, 2024.  

This funding supported a 4,000-square-foot expansion of the main office area at 151 Allendale Road in Mechanicsburg, located within the Mechanicsburg East Tech Corridor in Cumberland County. The project aligns with CREDC’s mission to empower growth in designated zones. Notably, Parath, LLC, and SupplySource, Inc. are repeat clients, a testament to the trust and ongoing relationship between CREDC and the local business community. 

As the economic development arm of the Harrisburg Regional Chamber, CREDC continues to serve as a catalyst for growth across Cumberland, Dauphin, and Perry counties. Through partnerships and targeted funding programs, CREDC is proud to support these businesses in their efforts to expand and strengthen the regional economy. We look forward to seeing the positive impact of these projects within their respective communities.

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