EDC Lancaster County Updates | April 2019 - Click here if you are having trouble viewing this message.
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A Break to Educate - May 2nd
Don't Forget to Register!

EDC is hosting its first A Break to Educate event on Thursday, May 2nd at 11:30AM.  The event is limited to the first 100 participants with limited availability remaining.  This FREE session, hosted at 115 East King Street, will focus on the economic development lending tools utilized by EDC's sister company, EDC Finance Corporation.  Click here to register now.

The session will be particularly valuable for Lancaster County businesses considering expansions of equipment or facilities in the next few years, or for those who work for professional service firms that support businesses that are expanding.

We hope you can join us on May 2nd for this event.  Bring your lunch and enjoy coffee, tea and dessert on us!
 

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The Farm at Eagles Ridge
Local Event Venue Secures PIDA Loan for Expansion
 
The Farm at Eagles Ridge, a destination event venue located on Long Lane in Pequea Township, recently obtained a Pennsylvania Industrial Development Authority (PIDA) Tourism loan to enhance its immaculate event venue property.  Pictured in front of their newly constructed carriage house are owners (left to right) Paige and John Flowers and Betsy Montgomery.  The proceeds of the loan also made possible the renovation of the lower level of the barn, the addition of a terrace, and landscaping improvements.  The $325,000 PIDA loan worked in conjuction with senior bank financing.
 
EDC Finance Update
Lending Rates
PIDA 15yr: 3.50%
SBA 504 20yr: 4.37%
SBA 504 25yr: 4.54%
 
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