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,…
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HARRISBURG, Pa. — The Capital Region Economic Development Corporation (CREDC) is pleased to announce the approval of two loan projects through the Enterprise Zone Revolving Loan Fund (EZ Loan Fund). These approvals demonstrate CREDC’s commitment to supporting local businesses and fostering economic growth within the region’s Enterprise Zones. On Sept. 25, 2024, Parath, LLC, on…
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HARRISBURG, Pa. — CREDC is pleased to announce updated interest rates for two loan programs, the Pennsylvania Catalyst Loan Fund (SSBCI) and the Pennsylvania Industrial Development Authority (PIDA) loan program. These revised terms are designed to effectively support businesses in the region. The Pennsylvania Catalyst Loan Fund (SSBCI) will offer a new interest rate of…
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The U.S. Small Business Administration (SBA) has announced that federal Economic Injury Disaster Loans (EIDLs) are now available for Pennsylvania businesses affected by drought conditions that began on July 30. The declaration includes Cumberland County and the adjacent counties of Adams, Dauphin, Franklin, Perry, and York. Eligible applicants include small businesses, agricultural cooperatives, aquaculture operations,…
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HARRISBURG, Pa. — The Capital Region Economic Development Corporation (CREDC) announced the recent closing of two impactful loan projects: an SBA 504 loan for Tikka Shack Indian Grub in Hershey, Dauphin County, and a Pennsylvania Catalyst Loan Fund loan for ThriveFitCo. in Camp Hill, Cumberland County. These projects reflect CREDC’s commitment to boosting local economic…
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Harrisburg, PA – September 4, 2024 – We are pleased to announce that Walnut Ridge Farms, LLC has received approval for their latest expansion project and will soon proceed to close. Established in 2020, Walnut Ridge Farms is a farming operation and real estate owner with deep roots in family farming. Owned and operated by Curry,…
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The Capital Region Economic Development Corporation (CREDC) recently facilitated two successful loan closings through the Pennsylvania Catalyst Loan Fund, part of the State Small Business Credit Initiative (SSBCI). The fund, also known as the PA Catalyst Loan Fund, is designed to assist small and medium-sized businesses in the region, providing them with the financial support…
Read MoreIn a remarkable testament to community growth and economic resilience, the Pennsylvania Catalyst Loan Fund, administered by the Capital Region Economic Development Corporation (CREDC), has successfully facilitated funding for four local businesses. These enterprises, each with a unique story and vision, utilized the same program to secure vital financial support for their expansion and development….
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Harrisburg, PA – September 26, 2023 – The Capital Region Economic Development Corporation (CREDC) is thrilled to announce that two esteemed local businesses, Latino Connection, LLC and Idea, LLC / Lonely Monk Coffee Roasting, LLC, have successfully secured essential financing through the Pennsylvania Catalyst Loan Fund. These recent developments exemplify the program’s commitment to fostering…
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FOR IMMEDIATE RELEASE Private Healthcare Business in Cumberland County Receives PIDA Loan Approval to Expand Early Bird Therapy, LLC, and Growing in Motion LLC, receives $409,000 loan Mechanicsburg, PA – June 9, 2023 – The Capital Region Economic Development Corporation (CREDC) is pleased to announce that PIDA has approved a 15-year, $409,000 loan to two…
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