Program |
Northampton County Industrial Development Authority (NCIDA) - Taxable |
Minimum/Maximum Amounts |
Minimum:
$400,000 (through
PEDFA) Max: NO LIMIT |
Eligible Activities |
Land & building acquisition or renovation, machinery & equipment acquisition (new or used), refinancing, working capital, closing costs, etc. |
Term & Amortization |
Negotiated |
Rate |
90% of prime rate |
Fees |
|
Loan Processing Considerations |
Projects must receive approval from the Secretary of the PA Department of community & Economic Development prior to closing. |
Special Notes |
|
Job Creation/Retention Requirements |
Create or retain within 3 years of the financing at least 10 full-time permanent employees |
Where to Apply |
Northampton County
Department of Community and Economic Development |
Contact Person |
John W. Kingsley,
Authorities Administrator |
Web link |
This page was last updated 01/25/07. For additional information, please call the contact organization provided on this page.