• Cumberland Area Economic Development Corporation
  • Serving Cumberland County
  • Pennsylvania’s destination for business and leisure

Cumberland Small Business Fund (CSBF)

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The Cumberland Small Business Fund is (CSBF) is a CAEDC administered loan program that offers low-cost financing to businesses located in Cumberland County.

ELIGIBLE PROJECTS

  • Land and building acquisition
  • Building construction, renovation and expansion
  • Machinery and equipment purchase
  • Working Capital

ELIGIBLE BORROWERS

Small businesses with less than 50 employees.

LOAN LIMITS

Minimum loan amount is $50,000. Maximum loan amount is $100,000.

TERM

  • Based on use of funds
  • Maximum 15 year term

RATE

Determined based on credit risk.

EQUITY REQUIREMENT

Assessed based upon project loan request.

JOB REQUIREMENT

Within three years of loan disbursement, create one full-time job for a Cumberland County resident who meets the low to moderate income guidelines as defined by HUD.

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Mill Street Industrial Land