Business Financing for Schuylkill County

SEDCO is sanctioned by the Pennsylvania Department of Community and Economic Development (DCED) as a certified economic development organization (CEDO), enabling us to act as a conduit for state funding.
We work alongside our partners, the Pennsylvania Industrial Development Authority (PIDA) and the NEPA Alliance, to provide a variety of grants and loans including land and building acquisition loans, Small Business First loans, machinery and equipment loans, workforce training grants and job creation and investment loans.
Loan Rates
PIDA | Rate |
---|---|
Term Loans Regular Amortization | |
Fixed interest rate | 4.50% |
Adjustable interest rate | 3.50% |
Equipment loans | 4.50% |
Working capital and accounts receivable lines of credit | 4.50% |
Pollution prevention and energy efficiency loans | 2.00% |
SBA 504 Loan | |
10-year Fixed starting at | 6.054% |
20-year Fixed starting at | 6.388% |
25-year Fixed starting at | 6.334% |
PIDA rates effective through June 30, 2023
SBA 504 rates effective as of May 12, 2023
Other rates effective as of March 1, 2023