#BANKS NEAR LOCK HAVEN UNIVERSITY PROFESSIONAL#
Loans will be made for improvements to facades interior renovations additions, purchase and installation of machinery and capital equipment working capital and payment of professional fees such as architects/engineers, surveyors, appraisers, accountants, attorneys, etc. Has, or will utilize, technological innovations and commercialization of new products that can be produced/manufactured in rural areas and new processes that can be used in such production. Has less than $1 million in projected gross revenues The private business will employ 50 or fewer new employees To establish a below market interest rate loan program for small business to improve their facilities for the expansion of existing firms and the start-up of new businesses in the City of Lock Haven.Īll new and existing small private businesses within the City of Lock Haven are eligible to apply provided: Any questions or concerns can also be directed to Abigail Roberts by email or phone at 57.įor more information about the Commercial Revolving Loan please contact the City Planner at (570) 893-5903. Please submit applications to Abigail Roberts, Planner & Development Coordinator, by email at or by mail to 20 E Church Street, Lock Haven, PA 17745. Loans are only available to businesses within the City of Lock Haven.Īpplications will be reviewed by the Commercial Loan Committee in collaboration with SEDA-Council of Governments on a rolling basis. Loans will be offered until December, at which time the Committee will review the needs of the community and choose to extend the program. Eligible uses include working capital, machinery and equipment, and real estate and improvements. This program will offer a 1% interest rate on business loans up to $50,000. The City of Lock Haven Commercial Loan Committee has revised their existing loan program to adapt to the needs of business during the COVID-19 pandemic.
Energy Use, Conservation and Green Building.
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