A new loan program is available for small businesses in Pennsylvania.
The Creative Business Loan Fund is a newly created initiative that is making $2.2 million available in the form of flexible financing loans.
The fund is prioritizing creative businesses in low-income communities, those owned by Black, Indigenous and people of color, or those in small towns and rural communities.
Loan amounts range from $5,000 to $250,000, but the average loan is around $75,000. There are flexible terms and fixed rates.
More information can be found here.
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