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Philadelphia Industrial Development Corporation — Business Loans

Philadelphia Industrial Development Corporation (PIDC)PHL-PIDC
Max per Applicant

$5.0M

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Philadelphia, PA

About This Program

Below-market loans for Philadelphia businesses expanding, relocating, or starting operations, including real estate acquisition, construction, equipment, and working capital for manufacturers and nonprofits.

Key Requirements & Eligibility

  • 1Business must be located in or relocating to Philadelphia
  • 2For-profit businesses and nonprofits eligible depending on program
  • 3Loan amounts: $50,000–$5M depending on project type and job creation
  • 4Interest rates below conventional lending; terms up to 25 years for real estate
  • 5Must create or retain Philadelphia jobs and demonstrate conventional financing gap

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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

ManufacturingSmall BusinessGovernment & NonprofitReal Estate
Official Source