Article featured on Adams Economic Alliance. Laboratory, Analytical & Biological Services (LABS) of New Oxford has secured a Small Business Administration (SBA) 504 loan for $338,000 through EDC Finance Corporation in partnership with the Adams County Economic Alliance.
Article featured on Lancaster Online. EDC Finance borrower, K-Prep Learning Center, LLC, was approved by the Pennsylvania Industrial Development Authority in June for a 15-year loan totaling $247,500. Senior financing for the project was provided by Orrstown Bank. The loan made possible the company's purchase of their previously leased 4,200 square foot location on Rt. [...]
Article featured on Lancaster Online. EDC’s President, Lisa Riggs, had her special column to LNP run in Sunday’s paper. The column titled “Anticipating the next economic downturn” provides insight from EDC’s Center for Regional Analysis on Lancaster’s economy pre & post-recession in 2008-09. Click Here for the Lancaster Online article.
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 [...]