Pennsylvania Minority Business Development Authority (PMBDA)

PMBDA program provides low-interest loan to businesses owned and operated by ethnic minorities. Award: PMBDA can finance up to 90% of the eligible total project costs, or $250,000, whichever is less. Funds from other sources must equal at least 10% of PMBDA eligible project costs. Eligibility: An eligible applicant is a for-profit business enterprise (other than non-franchised restaurants) that is owned or controlled by one or more socially or economically disadvantaged persons who are...