Mifflin County Revolving Loan Program
In an attempt to ensure available incentives are known and promoted, the Mifflin County Revolving Loan Program highlights are provided here. Mission/Purpose: To provide a supplemental source of financing to support business retention and expansion within the Greater Lewistown area. The Loan Fund is to be used to assist businesses in meeting the bank's lending requirements and to encourage financing of projects by sharing or reducing the risk to financial institutions. Loans are available for businesses located (or are willing to locate) in the Greater Lewistown area encompassing Derry and Granville Townships and Burnham and Lewistown Boroughs. Loans may be used for the acquisition of land and/or buildings, new construction, renovations, leasehold improvements, purchase of machinery & equipment or working capital. Loan Terms: Maximum amount: $50,000 or a maximum of 50% of the…