Program |
Small Business First |
Minimum/Maximum Amounts |
Loans up to $200,000 or 40% of total eligible project costs whichever is less; working capital maximum loan is $100,000 or up to 50% of total eligible project costs, whichever is less. |
Eligible Activities |
Land & building acquisition/construction; machinery & equipment purchases/upgrades; working capital; environmental compliance with regulations; municipal/commercial recycling compliance* |
Term & Amortization |
15 yr. land or building, 10 yr. machinery and equipment, 3 yr. working capital |
Rate |
5% interest rate |
Fees |
|
Special Notes |
* and defense conversion. Small Business under 100 employees or less) |
Where to Apply |
Lehigh Valley Economic
Development Corporation |
Contact Person |
Lehigh Valley Economic Development Corporation 610-266-6775 1-800-581-7483 |
Web link |
|
Application Download Available |
No |
This page was last updated 02/09/07. For additional information, please call the contact organization provided on this page.