Pennsylvania Business Report

State invests more than $3.3M in PIDA loans to help businesses grow

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By Liz Carey  |  April 4, 2025

Pennsylvania Department of Community and Economic Development Secretary Rick Siger announced his department had approved Pennsylvania Industrial Development Authority (PIDA) grants in three counties. So far this year, the state has approved $9.9 million in low interest loans that have resulted in 56 full-time jobs and $20.7 million in private investment. Tuesday’s announcement of $3.3 million in low interest loans will create at least 8 new full-time jobs and retain 41 positions, the DCED ...

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