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Enterprise Zone Loan

CREDC provides Enterprise Zone Loans to eligible projects located in Enterprise Zones in Cumberland, Dauphin and Perry Counties. The Enterprise Zone Loan Fund is designed to stimulate the expansion of businesses based in or relocating to the Harrisburg Regional Technology Corridor Enterprise Zone or the Perry County Enterprise Zone. The Enterprise Zone Loan Fund provides low-interest rate financing for a portion of the costs of construction, land, building, building improvements, machinery and equipment, or working capital. In most cases, a 10% equity contribution by the borrower will be required.

Applications for eligible Enterprise Zone loan projects in this three county area may be submitted through CREDC.  For assistance with Enterprise Zone Loans for projects located elsewhere in Pennsylvania, contact the PA Department of Community and Economic Development at (866) 466-3972.

Eligible Businesses

  • Located in or moving to the designated Enterprise Zones:
    • Harrisburg Regional Technology Corridor Enterprise Zone
    • Perry County Enterprise Zone
  • Technology related
  • Manufacturing
  • Industrial
  • Wage levels must be substantially above minimum wage

Eligible Uses

  • Land acquisition and related costs
  • Building acquisition, construction, rehabilitation, and related costs
  • Machinery and equipment


  • $500,000 or 50% of total project cost, whichever is less


  • Up to 15 years for real estate
  • Up to 7 years for machinery & equipment
  • One job created or retained for every $35,000 borrowed


  • $500 application fee
  • 1.75% commitment fee
  • $950 document preparation fees

If you have any questions on the loan process or the loan program contact Melissa McLaughlin at (717) 213-5042.

Other typical expenses associated with borrowing will apply including but not limited to costs for appraisal, title company, searches, recording, filing, and any legal work not included with the set document package.

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