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Pennsylvania Small Business First Loan

Pennsylvania Industrial Development Authority (PIDA)PA-SBF
Max per Applicant

$200K

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Pennsylvania

About This Program

Low-interest loans of $100,000–$200,000 for small Pennsylvania businesses that cannot access conventional financing. Available for equipment, working capital, or land and building acquisition, with interest rates typically at 3% for disadvantaged businesses and 5% for others.

Key Requirements & Eligibility

  • 1100 or fewer full-time employees
  • 2Loan: $100,000–$200,000
  • 3Rates: 3% (economically disadvantaged business) / 5% (standard)
  • 4Must have been denied conventional bank financing
  • 5Project must create or retain jobs

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
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Applicable Industries

Small BusinessManufacturingRetailHealthcare
Official Source