Business Financing Through the CCIDC

To promote the growth and development of business within Centre County, the CCIDC offers a multitude of financing options. From life-sciences to land and building acquisitions, no matter the need, the CCIDC will identify, facilitate, and manage programs and resources available to your business. These may be local, regional, State or Federal.  To learn more about these options, please contact us at (814) 235-1666.

CCIDC Financing

Centre County Industrial Development Corporation's Revolving Loan Fund Program:
Our Revolving Loan Fund Program provides funding for projects that may not be eligible for traditional funding by partnering with other public and private funding sources.  Eligible applicants are companies located or willing to locate in Centre County with majority ownership by a U. S. citizen and engaged in employment producing projects.  Funding is for acquisition of land/buildings, rehabilitation, leasehold improvements, machinery/equipment or working capital.  Collateral may include a lien position on real estate, equipment and/or personal guarantee from the principal(s). Maximum Loan amounts are typically $100,000 with terms not exceeding 10 years determined by the useful life of the asset held as collateral. For additional information, please contact Mary Resides at (814) 235-1666.

TTY/TTD Only: Use PA Relay 7-1-1
The Centre County Industrial Development Corporation is an Equal Opportunity Provider and Employer.  In accordance with Federal law and U. S. Department of Agriculture policy, this institution is prohibited from discriminating on the basis of race, color, national origin, sex, age or disability.  (Not all prohibited bases apply to all programs.)  To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410 or call (800) 795-3272 (voice) or (202) 720-6382 (TDD)

Pennsylvania Business Assistance Programs

Information about Pennsylvania Business Assistance Programs and their guidelines can be found by clicking here.


Centre County Industrial Development Corporation
200 Innovation Blvd, Suite 150 State College PA 16803
Tel: (814) 235-1666

 

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