The northern tier region of Pennsylvania is suffering from the aftermath of recent heavy rains, leaving homes and businesses destroyed by flood waters. Communities have come together to salvage what they can. Businesses are making pledges to come back, but they will need an enormous amount of help along the road to recovery.
Northern Tier Regional Planning and Development Commission (NTRPDC) provides economic development services to small businesses in five counties of Northeastern Pennsylvania. Four of those five counties have received the most damage – Bradford, Sullivan, Susquehanna and Wyoming.
The NTRPDC Loan Program, through funds provided by the USDA Rural Business Enterprise Grant has developed the NT Disaster Recovery Loan Fund (DRLF), a micro loan fund to help small business on their road to recovery.
Northern Tier Disaster Recovery Loan Fund (DRLF)
Micro loans up to $25,000 with or without a private match
Interest rate of 0%
Term of 3 to 5 years
Payment Deferral up to 3 months, giving businesses time to establish cash flow
For more information, please contact:
NTRPDC – Stacey Urban, Loan Program Manager
For additional assistance and coordination, please contact:
Sullivan County - Mark Haas, Economic Development Director
570-946-5201 extension 733
Northern Tier is an Equal Opportunity Lender/Provider