Pennsylvania has approved more than $4.9 million in low-interest financing to support business expansion, manufacturing investment, commercial property improvements, and childcare services across four counties.
The Pennsylvania Department of Community and Economic Development announced November 5 that five loans were approved through the Pennsylvania Industrial Development Authority, commonly known as PIDA.
The financing supports projects in Bedford, Blair, Lancaster, and Lehigh counties. Together, the projects represent approximately $19.3 million in planned investment, with commitments to create 15 full-time jobs and retain another 224 existing positions.
The investments demonstrate how state-backed financing can support businesses with different needs, from acquiring production facilities to expanding services that help working families.
Bedford County: Childcare Center Plans Expansion
The Bedford County Development Association received approval for a $401,760 loan to develop approximately 9,000 square feet within its business center.
The project will provide a larger facility for Burkett’s Watch Me Grow daycare center.
The expansion is designed to increase the center’s capacity from 65 to 100 children, creating 35 additional childcare spaces.
Plans include five classrooms, nine restrooms, a commercial kitchen, offices, storage areas, and outdoor recreation space.
The total project cost is approximately $1 million.
Although the announcement does not identify new employment commitments associated with the childcare expansion, the additional capacity could help local families maintain employment by increasing access to childcare services.
Blair County: Food Manufacturer Invests in Warehouse Property
DelGrosso Foods received approval for a $1.6 million loan to purchase a 78,500-square-foot warehouse at 150 Enterprise Campus Drive in Altoona.
The project has a total estimated cost of $3.2 million.
According to the state, the property purchase will allow the company to replace an existing capital lease payment with a smaller debt-service payment.
DelGrosso Foods has committed to retaining 196 full-time positions over three years.
The announcement does not identify additional jobs associated with this project.
Lancaster County: Sweet Shoppe Business Plans New Production Facility
Hummingbird Launch LLC received approval for a $750,000 loan to acquire property at 209 Hazel Street in Lancaster.
The building will support expanded operations for Stroopies, Inc. and Lancaster Sweet Shoppe LLC.
The project includes increased production capacity, a new Sweet Shoppe café, and accommodations for bus tours and visiting groups.
The total investment is estimated at $2.3 million.
The company has committed to creating three full-time jobs and retaining seven existing positions within three years.
The expansion combines food production with additional retail and visitor-oriented business activity.
Lehigh County: New Bottling and Packaging Facility Planned
MillPress Real Estate Holdings received approval for two loans totaling approximately $2.2 million to support a new facility in Bethlehem.
The project involves acquiring land and developing a 49,920-square-foot building at 1550 Spillman Drive.
The facility will house MillPress Imports LLC and include specialized bottling and packaging equipment.
The planned production line will integrate filling, labeling, sealing, and conveyor operations.
The overall project is valued at approximately $12.8 million.
MillPress Imports has committed to creating 12 full-time jobs and retaining 21 existing positions within three years.
Financing Available for Business Development
PIDA provides low-interest loans and credit facilities for eligible Pennsylvania businesses undertaking qualifying development projects.
Financing may support property acquisition, construction, renovations, equipment purchases, and certain working-capital needs.
The five loans announced November 5 have already been approved for specific projects. They do not represent a newly opened grant application period.
For Pennsylvania business owners considering expansion, the announcement illustrates the types of investments that may qualify for financing through the state’s economic development programs.
The projects also show how relatively modest employment increases ...
