Small Business First – Cumberland County Economic Development

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Areas Served: Cumberland, County

The Small Business First (SBF) loan program is designed to stimulate the expansion and assist in the retention of small businesses for the purpose of creating new jobs and retaining existing jobs in the Cumberland County, Pennsylvania.

SBF provides low-interest loan financing for a portion of the costs of land, building, machinery and equipment, and working capital to businesses unable to fully finance these projects with equity, bank financing, or other private and public sources.

Eligible businesses include: agriculture enterprise; agriculture producer; industrial enterprise; manufacturing; research & development enterprise; hospitality enterprise; recycling enterprise; computer related services; construction; and child day care centers.

Uses Land and building acquisition and construction; Machinery and equipment purchase and upgrades; Working capital; Environmental compliance/pollution prevention Funding Loans up to $200,000 or 50% of total eligible project costs, whichever is less; Maximum loan amount for working capital is $100,000 or 50% of total eligible project costs, whichever is less Eligibility A for-profit small business (100 employees or less) which are: Manufacturing: Industrial; Agricultural enterprises; Research and development; Construction, advanced technology and computer-related services; Hotels, motels, or restaurants; Environmental compliance/pollution prevention; Municipal or commercial recyclers; Defense-related; Child development Terms $25,000 cost per job retained or created; Up to 15 year term, for land and building; Up to 10 year term for machinery and equipment; Up to 3-year term for working capital.

Current interest rate of 4.00%

Contact Information
Cumberland County Economic Development
Address: 401 E Louther St
City: Carlisle
State: Pennsylvania


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