Article featured on Lancaster Online. Michael and Kaitlin Horst recently received a $325,000 Next Generation Farm Loan to assist in their purchase of a 43-acre Bainbridge area farm. The Horst’s worked with EDC Finance to acquire the NGF loan. Click Here for the Lancaster Online article.
Article featured on Lancaster Online. EDC Finance borrower, El Toro Barbacoa, has announced the opening of their restaurant in Millersville Borough. Click Here for the Lancaster Online article.
Article featured on Pa.Gov. On June 5, 2019 K-Prep Learning Center, LLC was approved for a $247,500 Pennsylvania Industrial Development Authority (PIDA) loan. The loan was administered through EDC Finance Corporation.
Article featured on Lancaster Online. Vintage Business Park, a project recently gaining PIDA approval for a $2.25 million loan, will address the lack of industrial sites in eastern Lancaster County. The business park will allow on-farm and small businesses the opportunity to retain and expand their businesses. This project has the support of the Economic [...]
Article featured on Lancaster Online. EDC Finance borrower, Zoetropolis Cinema Stillhouse, has recently opened their restaurant and begun distillery operations at 112 N. Water Street. EDC Finance is administering a PIDA loan for this project.
Governor Wolf Announces Headquarters Expansion, Job Creation of National Hardwood Flooring Manufacturer AHF Products
AHF Products announced yesterday that they will expand their presence in PA. EDC helped provide coordination, in conjunction with the Governor's Action Team, for this expansion. “We are thrilled that AHF is staying and expanding its operations here in Lancaster,” said Lisa Riggs, president of Economic Development Company of Lancaster. “AHF is building on a [...]
Over 60 attendees representing the Lancaster business community gathered at 115 East King Street to hear EDC staff speak about the tools used for economic development lending. The main focus of the presentation was to provide insight on the loans provided by EDC’s sister company, EDC Finance, who administers State and Federal loans. To view [...]
Article featured on Lancaster Online. Director, Center for Regional Analysis, Naomi Young, recently published a special column for LNP on “Making sense of ‘consumer confidence’ as a measure of the economy”. In this column, she shares insight on how business leaders can make guided business decisions using the University of Michigan’s Index of Consumer Sentiment.