Business Lending General Guidelines

Southern Alleghenies Planning & Development Commission offers a variety of funding options to both start-up and existing businesses within Blair, Bedford, Cambria, Fulton, Huntingdon, & Somerset Counties.

Maximum Loan:

  • $200,000 or 50% of the total eligible project cost, whichever is less
  • Working capital loans limited to $100,000 or 50% of total project cost,  whichever is less

Minimum Loan:

  • $15,000

Eligible Use of Funds:

  • Land acquisition and related costs
  • Building acquisition, construction, or rehabilitation
  • Machinery  and equipment  (new or used)
  • Working Capital


  • Land and Buildings – 10 to 15 years
  • Machinery and Equipment – 5 to 7 years
  • Working Capital – 3 to 5 years

Interest Rate:

  • Below market and fixed for the term of the loan


  • 1% of the loan amount (minimum $250) plus all applicable legal, filing, and credit reporting fees

Eligible Applicants:

  • Manufacturing
  • Wholesale Distribution
  • Agricultural Enterprise
  • Child Day-Care
  • Hospitality
  • Commercial & Service
  • Tourism


For additional information or to speak with a loan officer about your project please call Trudy Mitchell @ (814) 949-6547 or Lisa Harten @ (814) 949-6546.

If you have spoken to a loan officer and have been invited to file a complete application, then download the file below.

Business Lending Documents