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Recipes
People Above Politics
Taking
Action, Getting Results.
2501 Cumberland St., Lebanon PA 17042
644-4698
If you demand open government, drop me a note to receive email
alerts informing you of meeting highlights that let you know how commissioners
vote on issues. Litz@mbcomp.com
Team Litz:
Honorary Chair: Lt.
Gov. Catherine Baker Knoll --a woman who broke the glass ceiling and
contributed greatly to PA politics; born
in 1930, died
November 12, 2008.
Chair: Jeff Werner
Treasurer: Richelle Whitman
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Lebanon Valley
Economic Development Corporation
(717)274-3180 or fax (717)274-1367
600 S 5th Ave., PO Box 52, Lebanon PA 17042
State Investments in Economic Development
in Lebanon County (through 2005)
Whether you are looking for assistance in the areas of site
selection, financing, research, job training, technical services, or a
variety of other business needs, contact LVEDC for more information and
receive your FREE business information package on the Lebanon Valley.
Financing Options Available
 | Pennsylvania Industrial Development Authority: (PIDA) Long term,
low-interest loans for land and building costs to manufacturing,
industrial, agricultural processing, and research and development firms
and businesses establishing national or regional headquarters. Up to 40%
of eligible project costs, with a maximum of $1 million of fixed interest
rates from 3.75% to 6.75%. |
| PCLF: Utilized by small businesses (fewer than 100 employees), loans
up to $200,000 at 5%. Finances land, buildings, machinery and equipment
and working capital. |
| SBA-504: A great source for long-term, fixed rate, asset based
financing for a small business with an after tax profit of less than $2
million. The maximum loan is $750,000. |
| Tax Exempt Bonds: Loans up to $10 million at rates below prime for up
to 30 years on real estate, buildings and equipment. Manufacturers only. |
| Taxable Bonds: Used for any business at any amount, at rates below
prime for up to 30 years. Finances land, buildings, machinery, equipment
and working capital. |
Additionally, the LVEDC provides access to:
| Technical information research |
| Coordination with government services |
| Site selection tours |
| Building lease assistance |
| Workforce training and skill development |
| Technology assistance |
| Industrial efficiency and engineering assistance |
| Technology transfer opportunities |
| Business plan review/assistance |
| Strategic marketing assistance and recommendations |
| Defense conversion financing and program aid |
| Environmental site remediation funding |
| Infrastructure development financing |
| Corporate joint venture and strategic alliances |
| Overseas market development, and environmental permits |
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