DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST RATE UPDATE
As of July 1, 2014, the Department of Community and Economic Development issued the following interest rate changes:
- Machinery and Equipment Loan Fund (MELF)
3.5%
- Pennsylvania Industrial Development Authority (PIDA)
15 year fixed– 4%
- Small Business First (SBF)
3.5%
For more information on these loan programs and interest rate changes visit newpa.com.