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Small Business Loan Programs

 

Looking to Expand and Grow Your Business and Need Financial Assistance?
The CCEDC Can Help!

smallbusiness_loans

The CCEDC currently offers two loan programs that are administered through the CCEDC: The Revolving Loan Program and the Small Business Expansion Loan. In addition, we also offer PIDA loans on behalf of the Department of Community Economic Development (DCED).

If you are interested in applying for a small business loan, please complete the form below.


Learn More About Our Available Loan Programs...



CCIDA Revolving Loan Fund:

 
ELIGIBILITY: 
The Carbon County Industrial Development Authority (CCIDA) has established a low-interest revolving loan fund to assist small manufacturing, service type businesses and warehouse/distribution firms located or proposing to locate within Carbon County.  Loan participants in good standing may reapply for one additional loan for a new project.  A business may not have more than two (2) active CCIDA loans at any given time.
 
ELIGIBLE PROJECTS:
Machinery and equipment purchases and related expenses including engineering, repairs and upgrades.
Land and building costs (including acquisition, new construction, renovations, engineering, architectural).

ADDITIONAL DETAILS ABOUT THIS PROGRAM...

pdfdownload
Download CCIDA Revolving Loan Fund PDF Brochure to Learn More

 


Small Business Expansion Loan (SBEL):

 
ELIGIBILITY: 
Applicants for the SBEL can be private, for profit businesses including manufacturing, industrial, distribution, service, commercial, wholesale, retail firms and located or proposing to locate within Carbon County. Loan participants in good standing may reapply for one additional loan for a new project. A business may not have more than two (2) active SBELF loans at any given time.
 
ELIGIBLE PROJECTS:
Machinery and equipment
Land and building costs (including acquisition, new construction, renovations, engineering, architectural).

ADDITIONAL DETAILS ABOUT THIS PROGRAM...

pdfdownload


Download a Small Business Expansion Loan (SBEL) PDF Brochure to Learn More

 


Pennsylvania Industrial Development Authority (PIDA):

 
OVERVIEW: 
The PIDA provides low-interest loans and lines of credit for eligible businesses that commit to creating and retaining full-time jobs and for the development of industrial parks and multi-tenant facilities. Loan applications are packaged and underwritten by a network of certified economic development organizations (CEDOs) that partner with PIDA to administer the program.
 
ELIGIBLE PROJECTS:
Land and building acquisitions; Construction and renovation costs; Machinery and equipment purchases; Working capital and accounts receivable lines of credit, Multi-tenant facility projects; Industrial park projects.

ADDITIONAL DETAILS ABOUT THIS PROGRAM...

pdfdownload
Download a Pennsylvania Industrial Development Authority (PIDA) PDF Fact Sheet to Learn More

 



GET STARTED!


Complete the online form below or download and print the PDF version here  pdfdownload.

If you choose to complete a PDF version offline, please e-mail to the Director of Economic Development or mail or drop off to the CCEDC Office at 137 South Street, Lehighton, PA 18235.

Carbon County Hotel Tax Grant

 -DEADLINE FOR SUBMISSION IS DECEMBER 30, 2017- CLICK HERE TO DOWNLOAD APPLICATION

Next Deadlines for Submission are February 28th & September 30th.

 

Room Tax Allocation Committee (RTAC) 
As Authorized by: The Office of the Carbon County Commissioners

 

The Carbon County Commissioners have delegated to the RTAC certain responsibilities concerning the solicitation, evaluation and recommendation of tourism-related projects to be funded in part by proceeds from the Hotel Room Tax imposed throughout the County.


This Committee has developed and submitted to the Office of the County of Commissioners a protocol that include: general guidelines, guidelines, application criteria and an evaluation procedure.

General Guidelines

 

1. Twice annually, the RTAC will provide releases to the media and place advertisements informing eligible non-profit organizations in Carbon County of the availability of grants for tourism-related projects (that primarily bring tourists into Carbon County and encourage overnight stays) and soliciting their inquiries.

2. The RTAC will provide an application to interested organizations together with a timetable of deadlines for submission.

3. Following each deadline, the RTAC will convene to evaluate all applications that have been received and will record its recommendations for funding. 

4.The RTAC will send the report to the Pocono Mountains Visitors Bureau, Inc. (PMVB) for final approval per ACT 18.

5. Invoices from vendors for marketing expenditures will be sent directly to PMVB for payment up to the amount approved by the RTAC.

6. Funding recipients will be required to submit a summary of all expenditures and pertinent project information to the RTAC within 12 months of the conclusion of the funded project.

7. PMVB Branding guidelines will be provided. Branding materials should be added to print/digital advertising including, but not limited to, websites, billboards and brochures. Any questions should be directed to Brian Bossuyt, Director of Marketing (PMVB) bbossuyt@poconos.org 570-421-5791 x 3120.

8. Upon approval of funding, marketing invoices should be sent to Staci Barkalow, CFO (PMVB) staci@poconos.org for payment.

Please be sure to indicate the organizations name along with your contact information on each marketing invoice.


DEADLINE FOR SUBMISSION IS DECEMBER 30, 2017.

CLICK HERE TO DOWNLOAD APPLICATION