Resources

Community Economic Development Loan Program

Provides low-interest loans for projects in distressed communities, stimulating self-help initiatives and helping people build assets at the individual, family and community levels.

Eligibility: For-profit small businesses (100 employees or less) that are located in a DCED designated distressed community, Keystone Opportunity Zone

Uses: Land and building acquisition; building, construction and renovation; machinery and equipment acquisition and installation; working capital

Amounts: Loans up to $100,000 or 50% of total eligible project cost, whichever is less

Terms: 2% interest rate; Flexible terms

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