SEDA-Council of Governments      Your Resource for Business Solutions
 

Loan Programs

Below are some of the loan programs SEDA-COG can help you access to help you start or expand your business.

Eligibility Matrix

Program Manufacturer Service/
Retail
For-Profit Non-Profit Max.
Participation
Small Business Administration 504 Program YES YES YES NO 40%
Small Business First (SBF) YES NO* YES NO 40%
SEDA-COG Revolving Loan Funds YES NO YES NO 33%-50%
USDA Intermediary Relending Program (IRP) YES YES YES YES 40%
Community Economic Development (CED) NO YES YES NO 50%
USDA Business and Industry Guarantee YES YES YES YES Up to 100%
First Industries Agriculture Program YES YES YES NO 40%
First Industries Tourism Program YES YES YES NO 40%
Machinery and Equipment Loan Fund (MELF) YES NO YES NO 50%
Pennsylvania Industrial Development Authority (PIDA) YES NO YES NO 30%-60%
SBA Microloan YES YES YES NO*** Up to 95%
Clinton County Revolving Loan Fund YES YES YES YES 33%
Centre County Economic Development Loan Fund YES NO YES NO 50%
*   Hotels, Restaurants, and Daycare providers (both for- and non-profit) may be eligible as well as agricultural production
** Taxable bond program
*** Non-profit childcare centers are eligible

Which programs are right for your project?  That's where we come in.  We'll take a look at your project and put together a financing package that is the most cost-effective for your business.


 

© 2008 SEDA-Council of Governments

 SEDA-COG is an equal opportunity lender/provider
 

SEDA-Council of Governments
201 Furnace Road
Lewisburg, PA 17837

Phone: (570) 524-4491
Toll Free: 1-800-326-4086
Fax: (570) 524-9190
E-mail: finance@seda-cog.org
TTY/TDD: 1-800-654-5984