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    Indiana County Revolving Loan Fund (RLF) - CLICK HERE FOR DETAILS


    Loan Amount and Matching Investment
    100% financing equal to three months working capital needs, up to $50,000 per borrower, as determined using the formula:  Twelve months of working capital expenses, divided by twelve, and then multiplied by three.  This amount shall be the amount of the borrower’s loan request. The loan amount will be verified using the financial statements, and/or federal tax returns of the business.  A matching amount is not required but encouraged when possible.

    Eligible Costs
    Working capital, such as for payroll, fringe benefits, utilities, and rent.

    Interest Rates and Terms
    The interest rate will be 2.5% fixed for 3 years with an option of 3-months of interest only payments, or an alternative option of 2.75% fixed for 4 years with an option for 3-months of interest only payments.

    Borrowers shall commit to retaining existing jobs.

    Loan Closing Fees
    $250 loan closing fee plus attorney and filing fees.

    The loan shall be secured by a blanket UCC-1 security interest on all business assets currently owned or acquired in the future at the highest lien position available.

    The loan shall be guaranteed by any individual or entity with a 20% or greater ownership interest in the eligible business.

    Debt Service Requirement
    The overall debt service coverage ratio needs to be at least 1:1 or greater.

    Contact Information
    Any questions regarding eligibility or to request an application should be directed to:  Phone:  724-465-2662  Email:
  • Fri, 22 Oct 2021 10:00:00 -0400

    Agencies sign memo on sewer treatment plant

    At Tuesday’s meeting, Indiana Borough Council approved a memorandum of understanding regarding the borough’s wastewater treatment plant with Indiana University of Pennsylvania, Indiana Regional Medical Center and the Allegheny County Health Department.
  • Fri, 22 Oct 2021 09:55:00 -0400

    Indiana County COVID-19 cases

    Indiana County saw an increase of 43 new cases of COVID-19 reported on Thursday.
  • Fri, 22 Oct 2021 09:50:00 -0400

    Indiana Girl Scouts saluted for hunger project

    Girl Scouts of Western Pennsylvania has honored six Indiana-area Girl Scouts for their recent community service efforts.
  • Fri, 22 Oct 2021 09:45:00 -0400

    Street fair, fall fest, Miracle Ear, Darla, Clarksburg, etc.

    To whom it may concern —
  • Fri, 22 Oct 2021 09:45:00 -0400

    Board members recognized for years of service

    An official with the Pennsylvania School Boards Association honored three members of the Homer-Center school board on Thursday for their years of service.
  • Fri, 22 Oct 2021 09:00:00 -0400

    Indiana Players to present 'The Ghost Train'

    The Indiana Players will present “The Ghost Train” at the Philadelphia Street Playhouse, 725 Philadelphia St., Indiana, today, Saturday and Sunday, as well as Oct. 29, 30, 31. Friday and Saturday performances are at 7:30 p.m., and Sunday matinees are…
  • Fri, 22 Oct 2021 09:00:00 -0400

    Route 286 sanitary sewage plan introduced

    Construction of an extension of the Indiana area sanitary sewage system in the Route 286 and Airport Road area is expected to begin in the spring and to serve almost three dozen customers by spring 2023.
  • Fri, 22 Oct 2021 09:00:00 -0400

    Spirit Life Inc., IRMC enter new affiliation agreement

    The board of directors of Indiana Regional Medical Center and SpiritLife Inc. are very pleased to announce the entry into a new affiliation agreement.
  • Fri, 22 Oct 2021 09:00:00 -0400

    University Museum reception for 'Maps' exhibition set

    The Board of Directors of the University Museum at IUP invites the public to a reception Saturday from 6 to 8 p.m. in recognition of the current exhibition, “Maps: An Experience in Finding Our Way.”
  • Fri, 22 Oct 2021 09:00:00 -0400

    LIbrary displays supporter stars

    Poom Sunhachawi Taylor, left, and Stuart Sampson hung stars at Indiana Free Library, where on Oct. 29, supporters will be greeted “in the stacks” to enjoy food and drink provided by local businesses.
  • Fri, 24 Sep 2021 13:00:00 +0000

    Expiring COVID-19 Waivers Could Impact PA Healthcare Staffing

    At the beginning of the pandemic, the commonwealth instituted regulatory waivers designed ease restrictions and make it easier for hospitals and healthcare workers in their fight against COVID-19. Pennsylvania Governor Tom Wolf issued close to 100 waivers, whose main purpose was to put as many healthcare professionals as possible into clinics, long-term care facilities and hospitals. Examples of the waivers […]
  • Fri, 24 Sep 2021 13:00:00 +0000

    Ben Franklin Technology Partners Receives $1.5 Million From Appalachian Regional Commission’s POWER Initiative

    Ben Franklin Technology Partners of Central and Northern PA has been awarded $1.5 million from the Appalachian Regional Commission (ARC) to help ignite innovation in the PA WILDS region in Pennsylvania. Stephen Brawley, President/CEO of Ben Franklin, commented, “We’re excited to begin working with our partners at the PA Wilds Center for Entrepreneurship, PennTAP, and the Small Business Development Centers […]
  • Fri, 24 Sep 2021 13:00:00 +0000

    Thousands of Pennsylvania students request mask exemptions

    (AP) Thousands of students have requested to go mask-free in Pennsylvania schools, claiming a medical exemption amid fierce local opposition to the state’s new face-covering mandate. The order, which went into effect Sept. 7 and applies to all K-12 schools and child care facilities in Pennsylvania, requires students, staff and visitors to wear masks inside school buildings, regardless of vaccination […]
  • Fri, 24 Sep 2021 13:00:00 +0000

    Geisinger continues investment in employees by raising minimum pay rate

    Geisinger is strengthening its commitment to its employees as it builds on its robust benefits packages and career development offerings by raising its minimum pay rate to $15 per hour for current and future employees, effective Sept. 26. In addition to its competitive pay, Geisinger regularly invests in its employees by offering comprehensive employee benefits, including affordable healthcare coverage that […]
  • Fri, 24 Sep 2021 13:00:00 +0000

    Pennsylvania Homecare Association Calls for Immediate Action, Increased Funding to Address Home-Based Care Workforce Crisis

    The Pennsylvania Homecare Association (PHA) distributed an open letter to Governor Wolf, the Departments of Human Services and Aging, and the General Assembly, urging immediate action to provide critical funding and additional supports for home and community based care providers. PHA also distributed a short video, Crisis in Caregiving, highlighting the critical challenges home care providers are facing. “Home-based care […]
  • Fri, 24 Sep 2021 13:00:00 +0000

    Evangelical Community Hospital Earns Commission on Cancer Reaccreditation

    Lewisburg, PA – The Commission on Cancer (CoC), a quality program of the American College of Surgeons (ACS) has granted three-year reaccreditation to the cancer program at Evangelical Community Hospital. To earn voluntary CoC accreditation, a cancer program must meet 34 CoC quality care standards, be evaluated every three years through a survey process, and maintain levels of excellence in […]
  • Fri, 24 Sep 2021 13:00:00 +0000

    Signature Leaders Under 30 2021

    As the central Pennsylvania business community emerges from the pandemic, there is a bright ray of hope – an up-andcoming generation of business leaders who are already making their mark in business and in their communities. Pennsylvania Business Central is honored to recognize these emerging leaders with our annual Signature Leaders Under 30! This premiere year’s selectees were picked from […]
  • Fri, 24 Sep 2021 13:00:00 +0000

    Taylor A. Lewis

    Owner TLC Farms Equine Rehabilitation Center Taylor is a 28-year-old entrepreneur. As a professional barrel racer, competing since the age of 10, Taylor learned the benefits of rehabilitation first hand when her own horses were injured.She also learned these services were non-existent in Central PA, and her dream was seeded. Understanding the need for business acumen, she completed her education […]
  • Fri, 24 Sep 2021 13:00:00 +0000

    Tori Hanig

    Caseworker Indiana County Children and Youth Services Tori Hanig is a caseworker at Indiana County Children and Youth Services. She has five years of experience working in child welfare as she is passionate about bettering the lives of children. She is a graduate of Indiana University of Pennsylvania with a bachelor’s degree in Child Development and Family Relations. Tori is […]
  • Fri, 24 Sep 2021 13:00:00 +0000

    Andrew McIntire

    Software Developer New Pig Corporation Andrew McIntire is a software developer at New Pig Corporation, the largest supplier of absorbents in the world. His role is multifaceted and includes contributing to New Pig’s success in e- commerce, Salesforce, and cloud computing initiatives, alongside key involvement in their utilization of AI-driven onsite search. Andrew originally began his career at New Pig […]
  • Fri, 22 Oct 2021 18:12:10 +0000

    PNC pushes back return to office

    When will Pittsburgh's biggest bank fully come back to the workplace? Hint: Not November.
  • Fri, 22 Oct 2021 18:06:08 +0000

    Duolingo taps former TV animation executive to serve in newly created role

    As part of her duties in the position, Simensky will be tasked with leading Duolingo's efforts of creating originally scripted and character-driven stories featuring the company's characters.
  • Fri, 22 Oct 2021 17:59:43 +0000

    Peduto voices strong support for amended zoning ordinance for Oakland Crossing

    Mayor voices support for amendments to "transformational" proposal to redevelop a more than 17-acre section of Oakland by Walnut Capital Partners and pushes back against criticism by Oakland Planning and Development Corporation.
  • Fri, 22 Oct 2021 17:29:50 +0000

    Pittsburgh-based Limbach Holdings finds growth in indoor cannabis market

    Limbach Holdings Inc. (NASDAQ: LMB), a building systems solutions firm headquartered in Pittsburgh, has found new success in a relatively new market. The company says that it has seen an increase in demand for its HVAC services within the indoor agriculture market, specifically in indoor cannabis growing. Limbach CEO Charlie Bacon says that the company’s entrance into the cannabis industry was a logical next step after Limbach’s work on several indoor agriculture projects—one of which was…
  • Fri, 22 Oct 2021 16:17:59 +0000

    More financial pros and clients prioritize ESG

    Over a third of institutions and advisors have implemented an ESG-integrated strategy, new Federated Hermes survey says.
  • Fri, 22 Oct 2021 15:01:00 +0000

    Vision RNG signs landfill gas deal with Meridian Waste

    Financial terms of the deal weren't announced.
  • Thu, 21 Oct 2021 22:58:10 +0000

    Highmark Health to require employees to be fully vaccinated

    A change to the policy announced in September makes vaccination at Highmark Health, Highmark Inc. and Allegheny Health Network a condition of employment.
  • Thu, 21 Oct 2021 20:58:58 +0000

    The Fund XX ready to make seed investments in women-led startups

    Pittsburgh software entrepreneur is a general partner and founder of new national fund that has local investors.
  • Thu, 21 Oct 2021 20:27:40 +0000

    Gov. Wolf signs executive order calling for increased worker protections

    Gov. Tom Wolf signed an executive order on Thursday morning, hoping to solve problems caused by the worker shortage.
  • Thu, 21 Oct 2021 19:53:57 +0000

    Environmental groups ratchet up pressure on methane limits

    Advocates say Pennsylvania Gov. Tom Wolf hasn't done enough to regulate the oil and gas industry.
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