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MELF

The Machinery and Equipment Loan Fund offers low-interest financing for industrial entities. The funds may be used for the acquisition and installation of new or used machinery and equipment or to upgrade existing machinery and equipment. FOR MORE INFORMATION MELF Incentive

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LERTA

The Local Economic Revitalization Tax Abatement (LERTA) is a tax abatement incentive to encourage improvements, rehabilitation and new construction to qualified commercial properties throughout the entire county. LERTA applies tax abatement to the value of the increase in property tax…

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Governor’s Action Team

SEDCO will work with the Governor’s Action team to determine what other incentives might be available, including grants, low-interest loans, tax credits and training. FOR MORE INFORMATION Governor's Action Team

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Small Business First

PURPOSE Benefits agricultural enterprises, industrial, manufacturing, export service enterprises, mining enterprises, advanced technology and the hospitality industry. Small Business First (SBF) provides financing to small businesses that requires creative financial assistance. These funds are available to companies with fewer than…

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Bonds

PURPOSE PEDFA finances business projects by issuing bonds and lending the proceeds to eligible businesses. PEDFA provides pooled bond issues and stand alone issues for both tax-exempt and taxable bonds. PEDFA works with the network of local industrial development authorities…

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SBA 504 Loans

Schuylkill Economic Development Corporation (SEDCO) will be pleased to assist you in an application for a United States Small Business Administration (SBA) 504 Loan. What is the SBA 504 Loan Program? The 504 Loan Program is a fixed asset financing…

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PIDA Loans

PURPOSE PIDA provides low-interest, long-term loans for companies to buy land and acquire, construct, renovate, and expand buildings. SEDCO will establish the project and, after the state's PIDA board approval, enter into arrangements to lease or sell the building to…

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KOZ/KOEZ

PURPOSE The Keystone Opportunity Zone (KOZ) and Keystone Opportunity Expansion Zone (KOEZ) programs are designed to stimulate economic growth by attracting industries to areas that are designated to be free from all state and local taxes for a period of…

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