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Pennsylvania Minority Business Development Authority (PMBDA)
PMBDA program provides low-interest loan to businesses owned and operated by ethnic minorities.
Funding Source
Agency: Pennsylvania Community & Economic Development
Awards & funding
Award Ceiling: $250,000
Eligibility
Land and building acquisitions; Building construction and renovations; Machinery and equipment costs including acquisition and installation; Working capital Costs. PMBDA can finance up to 90% of the eligible total project costs, or $250,000, whichever is less. Funds from other sources must equal at least 10% of PMBDA eligible project costs.
Land and building acquisitions; Building construction and renovations; Machinery and equipment costs including acquisition and installation; Working capital Costs. PMBDA can finance up to 90% of the eligible total project costs, or $250,000, whichever is less. Funds from other sources must equal…
Dates
Application Opens: January 1, 2024
Application Deadline: December 31, 2035
Supporting links
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