The Harrisburg Regional Chamber & CREDC has secured funding for Computer Development Systems through a $169,000 Enterprise Zone Revolving Loan to fund the company’s need for machinery, equipment, and real estate space in Cumberland County. Computer Development Systems is a professional IT management company that will use the loan to expand its business to business consulting and e-business solutions, including software design and internet development. The loan closed at the beginning of April 2021.
“Technology is a vital piece of the economic machine driving growth in our region,” explains Melissa Stone, VP of Economic Development at the Chamber & CREDC. “The Enterprise Zone loan fund allows us to reward the companies that are growing and provide them with the resources they need to continue their path of success.”
Computer Development Systems started with its owner, Jonathan Ebersole, freelancing his talents and expertise in the information technology field. Over the past 22 years, CDS has grown mostly word-of-mouth and referrals.
CREDC maintains an Enterprise Zone revolving loan fund that resulted from the administration of the former Harrisburg Technology Corridor Enterprise Zone. There are zones located within each of the counties within our region. Eligible costs include real estate acquisitions, construction and renovation, machinery and equipment, and many related application, underwriting and closing costs.
Certified by Pennsylvania’s Department of Community and Economic Development, CREDC is the leading organization for promoting and performing economic development activities in Cumberland, Dauphin and Perry Counties. CREDC is the region’s certified lender for Pennsylvania’s programs including the PIDA program and a local packager for the SBA 504 program. The group offers a variety of programs and resources to help attract, retain and expand business in the region. For more information on business lending programs, please email email@example.com or contact Jon Cherry at 717-213-5036.
Enterprise Zone Revolving Loan Fund Amount: $169,000
Rate: 2% fixed for 15 years
Partner Bank: M&T Bank
Location: 5006 East Trindle Road, Units 200 and 201, Mechanicsburg
About Harrisburg Regional Chamber & CREDC
Harrisburg Regional Chamber & CREDC serves as a catalyst for promoting growth and quality of life in Cumberland, Dauphin and Perry Counties through bold leadership, visionary members and powerful results. The organization provides a unique blend of business, community/economic development and advocacy services under one roof to boost economic vitality and livability across the region. The Chamber & CREDC is five-star accredited by the United States Chamber of Commerce, a distinction achieved by less than 2 percent of chambers across the nation.